The dial is starting to move as more Canadians enter the real estate market. Sales activity was 1.9% higher for September compared with August, which is the last month of the traditionally popular selling season. It’s the third successive month that an increase in transactions has been recorded by the Canadian Real Estate Association (CREA).…
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After four years of record-breaking rental growth, investors and landlords are now moving into a period of consolidation. Industry research CoreLogic says its latest rental data shows rents grew 0.1% in July – the smallest increase since 2020. Over the previous 12 months, rents increased by 7.8%, which is still substantially above the rate of…
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Industry data and commentary may suggest the post-Covid rebound in our national real estate market is losing steam, but home-loan data suggests otherwise. In the latest figures released by the Australian Bureau of Statistics, the total value of new housing loans rose 3.9% month-on-month in July to $30.6 billion. Investors are leading the charge. Their…
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Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach. However, there are strategies to…
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It’s not uncommon for investors to focus on desirable rental areas and then scour the market for high-value, low-priced properties. When they find their target, it often needs substantial work to bring it up to a standard that’s suitable for the rental market. Remodeling is often necessary for bathrooms and kitchens, which are the most…
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With a shortage of housing for sale across America right now, buyers are often tempted to ignore the occasional problem in the hope they can win the property to begin the next chapter of their lives. Their hopes often rise when their agent tells them they’ve found a home that meets their criteria – and…
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As we await a rebound in the Canadian property market after welcome reductions to the interest rate, many investors are sizing up the market to extend their portfolio. Capital appreciation is a primary motivator as investors expect property values will soon rise as buyers access cheaper cash from lenders. Supporting the case for investment is…
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It’s not uncommon for investors to focus on desirable rental areas and then scour the market for high-value, low-priced properties. When they find their target, it often needs substantial work to bring it up to a standard that’s suitable for the rental market. Renovating is often necessary for bathrooms and kitchens, which are the most…
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The cost of rents is slowing but continues to grow at more than twice the level of our 2.5% inflation rate, according to the new National Rent Report released by Rentals.ca. Average monthly rents are now $2,201 with increases registering in Vancouver and Toronto. While the growth in rental costs is at its slowest for…
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With values rising across many key markets, anyone who has harboured ambitions of creating their own property investment portfolio should consider whether there’s an opportunity to make their move in the short term. A recent analysis from the industry researcher CoreLogic found 43% of suburbs nationwide now have values at all-time highs. When you combine…
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