Pride in owning 
In a survey done of homeowners and  renters showed that 76% of owners and 66% of renters considered pride of ownership an important reason for buying. 
 
Dislike paying rent
Almost equal portions of owners and renters, close to 7 to 10, said a dislike of paying rent was an important reason to buy. 
 
Make home a reflection of you                                                                         
Also an important reason mentioned by more than 6 in 10 owners and renters was an owner's ability to control and modify a home's features. 
 
Settling down 
More than 6 in 10 renters said 'settling down' was an important reason to buy. 
 
Good investment
76% Of owners and 69% of renters said the investment aspect of ownership was important. 
                                            
Long-term appreciation
People consider home ownership a good investment because they view it as a long-term venture. Historically, home prices have risen at relatively steady rates. 

Source of savings 
Home ownership always has and continues to comprise the single largest source of savings for Canadian households.