Business NewsMarketWire • BMO Private Banking Study: Affluent Canadians' Average Home Price Tops $1.5 Million

BMO Private Banking Study: Affluent Canadians' Average Home Price Tops $1.5 Million

BMO Private Banking Study: Affluent Canadians' Average Home Price Tops $1.5 Million

- Fifteen per cent of affluent Canadians have a mortgage, with an average mortgage debt of $176,000 - More than one third own at least one additional property - Top reasons for having a second property include for vacations and as an investment

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