Joy Paterson, Broker | Real Broker Ontario Ltd., Brokerage

Toronto Real Estate Broker, Joy Paterson team member of HADDEN HOMES & Real Broker Ontario Ltd., Brokerage

  • Sell with Me
  • Buy with Me
    • Cost of Buying Real Estate
    • First Time Home Buyer
  • Contact Me
    • About Joy
    • Testimonials
  • 416-500-2587
  • What’s My Home Worth?

Want a 2.5% premium on your selling price? Buy an 8!

February 12, 2015 by Joy Paterson, Toronto Realtor Leave a Comment

Are you Superstitious? Maybe you should be for Real Estate’s sake.

Believe it or not, superstitions really can affect the value of your property. If you’ve ever been in the elevator of a condo you’ve probably noticed something odd – there is no floor 13 or floor 4 (or any any floor containing a 4 for that matter). About 5% of the Canadian population is of Chinese descent. In the Chinese culture, the number 4 is sounds like “death” thus resulting in a 2.2% price discount for addresses containing the number 4. Addresses with the number 8 on the other hand brings in a 2.5% premium as the number represents prosperity.

Would you pay a premium to live in an address that contained an 8?

*Data from besthomesbc.com

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to print (Opens in new window) Print
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Reddit (Opens in new window) Reddit

Like this:

Like Loading...

Related

Filed Under: Market Watch Tagged With: Chinese Investors, Real Estate Superstitions

Leave a ReplyCancel reply

Contact Joy

  • Email
  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

Let’s Learn More:

  • Info for Buyers & Sellers
  • Listings
  • Market Watch
  • Neighbourhoods
  • Toronto Condos
  • Toronto Lofts

More Posts

  • 121 Lower Sherbourne St | $639,900
  • 25 Malcolm Rd, TH-112 | $1.149M
  • 575 Bloor St E, #608 | LEASED
  • 50 Bruyeres Mews, #618 | LEASED
  • Federal Gov Delays Capital Gains Tax Change Until 2026
  • Avonshire | 100 Harrison Garden Blvd
  • Commercial Real Estate: Land and Multi-Family Development Deals
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • TikTok
  • Tumblr
  • Twitter
  • YouTube

Subscribe to My Blog

Enter your email address to subscribe to my blog and receive notifications of new posts.

About Joy

Joy Paterson is a Real Estate Broker in Toronto who helps Sellers, Buyers, Investors and Tenants make great Real Estate decisions. Read More…

Contact Me

Real Broker Ontario Ltd., Brokerage
Hadden Homes Team

130 King St W UNIT 1800B
Toronto, ON
M5X 1E3
416-500-2587
joykpaterson@gmail.com

Copyright © 2025 · AgentPress Pro Theme on Genesis Framework · WordPress · Log in

Joy Paterson, Broker with Right At Home Realty Inc., Brokerage. | Not intended to solicit buyers and sellers already under contract.
%d