This statistic shows the leading payment methods used by homeowners who built custom homes in Canada in 2014. During the survey, 74 percent of the respondents said that they had paid for the construction of their custom home with savings or personal finances.
Leading payment methods used by homeowners who built custom homes in Canada in 2014
Characteristic
Share of respondents
Paid from savings/personal finances
74%
Took out a loan (home equity, construction, etc.)
52%
Charged to a credit card
17%
Refinanced home mortgage and got cash back
9%
Borrowed money from friends/family
7%
Borrowed from retirement savings account or pension plan
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Houzz. (September 9, 2015). Leading payment methods used by homeowners who built custom homes in Canada in 2014 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/
Houzz. "Leading payment methods used by homeowners who built custom homes in Canada in 2014." Chart. September 9, 2015. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/
Houzz. (2015). Leading payment methods used by homeowners who built custom homes in Canada in 2014. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/
Houzz. "Leading Payment Methods Used by Homeowners Who Built Custom Homes in Canada in 2014." Statista, Statista Inc., 9 Sep 2015, https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/
Houzz, Leading payment methods used by homeowners who built custom homes in Canada in 2014 Statista, https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/ (last visited November 04, 2024)
Leading payment methods used by homeowners who built custom homes in Canada in 2014 [Graph], Houzz, September 9, 2015. [Online]. Available: https://www.statista.com/statistics/465816/payment-methods-used-by-homeowners-who-built-custom-homes-canada/