Garry Marr – Financial Post – April 21, 2016
A new poll commissioned by Re/Max suggests a majority of Canadians nearing retirement are thinking about selling their home so they can get access to the equity.
The poll conducted by Leger found that among those in the 55-64 age group, 56 per cent are considering selling their homes because they need the money for retirement.
The problem for many of those people, particularly in the Vancouver and Toronto markets, is that they don’t know where they are going to live once they sell.
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