Real Estate in Percent: All The Interesting Statistics

The fun side of real estate is here, and we’re ready to tell you all about it.

One of the most interesting statistics we have for you is just how many homeowners (44%) believe they own haunted properties. And this high percentage doesn’t even make a negative impact on the market!

More so, it’s interesting to note that 66% of millennials regret their property purchases. And it’s not for reasons you may think of, but for the changes in their needs and wants through time.

Has someone ever told you that real estate investments can make you rich? Well, they certainly can! Believe it or not, 90% of millionaires made it through these said investments. And the remaining 10% of millionaires are casino winners.

Further, the residents of Canada may sound crazy to you when you find out that 49% of them support a mortgage increase. But it actually is for the better since a higher mortgage is equal to reduced outer costs and increased savings rates.

And when you think of the real estate market, you may only visualize first-time homebuyers, but in fact, only 31% of the sales go to them!

Places That Take Your Breath Away: The Surprising Facts Of Canadian Real Estate

Would you believe that a part of Mars shares its name with a place on Earth? We’re talking about the Gander crater named after the city of Gander in Newfoundland & Labrador, where the Gander International Airport is.

Have you ever stayed in a hotel made of ice and snow? It would surely be uncomfortable and chilly, wouldn’t it? Not exactly! Although they’re ice block beds, they’ve got cushions and fireplaces, even spas and bars! That’s what you can experience at Hôtel de Glace.

In addition, the rainiest place and the world’s smallest desert can be found in one country, unbelievable! Canada is home to the city of Abbotsford and the Carcross Desert.

Lastly, you can now also visit the world’s smallest house that stands 120 inches (3.05 m) tall and 72 inches (1.83 m) wide!

General Canada Real Estate Statistics: Facts About Canadian Properties

Now, if you’re into serious statistics that tackle the future, risks, and advantages of the real estate market, we’ve got that too.

Just like how the Federal Government of Canada spent $70,000,000,000 to make housing more affordable to their citizens.

And in accordance with 40% of their population waiting for the prices to drop before purchasing their first-time property, realtors predict a 40% price plummet in the market.

While 66% of Canadians own their personal property, 10% of them hold titles to more than just one of them. This could either positively or negatively impact the market’s future.

How Business Works In The Real Estate World

Have you ever wondered how the business worked in real estate?

It surely isn’t all about buying, selling, and investing, is it? Well, it may be, but there is no denying how much wit, enthusiasm, and cleverness can spice things up.

If you’ve always been so sure that your favourite fast food chain McDonald’s was in the food business, we’ve got big news for you. They actually run in the real estate market instead!

Ever gone into one of America’s biggest malls? We bet you never expected these malls to be owned by a Canadian company, have you?

Do the island of Hawaii and the owner of Facebook, Mark Zuckerberg, ever connected in your thoughts? Well, he only owns 1,300 acres of it, and he’s willing to buy more.

The Strangest Real Estate in the World

Buying properties in famous countries or remote islands may be cool, and owning the title to a great amount of land may be interesting.

But have you ever thought of buying land on the moon? Or on one of the other planets, perhaps? Maybe the entirety of Pluto? What about virtual land on the Metaverse? Well, you can!