Quote:
Originally Posted by Realtor 1
Anyone know if a stat for % put down on your mortgage over the past 20 or so years in Canada exists?
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I found this back in 2010 and posted it in this thread then.
http://2.bp.blogspot.com/_0YOsyi5WbL...quity+5%25.Bmp
I haven't seen updated numbers in it - it's pretty nuts if it is correct though. It looks like it shows average overall equity for all owners, not just the downpayment for people who are just buying in. How many 0% or 5% downpayments do you need to drag down the average when you include people who have paid off most of their home already.