Survey Links Homebuying and Happiness….

A survey was recently done by Genworth Financial’s First-Time Homebuyer’s Monitor and the Canadians surveyed said they would feel more financially secure if they owned their own home and 84 per cent revealed owning a home gives them a greater sense of emotional well-being and security.

This is encouraging feedback as it shows that even in today’s economy, people are living and striving for the dream of home ownership.

The survey focused on measuring both the financial and psychological factors of home ownership and explored the link between owning a home and self-fulfillment.  Resutls were similar for regions across the country, with respondents in Montreal placing the least value on home ownership and those in Vancouver placing the most.