Despite various roadblocks placed in its major market
Instances of falsifying documents are on the rise particularly in expensive housing markets
Analysts warn house prices can’t keep climbing... Canadians are less optimistic on house prices... Rental crisis in BC... Ontario revenues fall forcing the use of reserves...
The majority of CREW readers -- investors themselves -- are suggesting the phenomenon of rents outstripping mortgages has more to do with market forces than landlord ambition.
Though economists have predicted a very slight softening of the economy in Calgary and throughout Alberta next year, some real estate experts warn investors to be cautious.
Average housing prices across Canada were up nearly $30,000 year-over-year in October, from $391,931 in October 2013 to $419,699 in October 2014, according to monthly data from CREA.
Another part of the GTA price surge story… Planning to buy south of the border? Do the research… ATB Financial: Alberta economy will slow down for the next few years…
It is increasingly important for investors to do their homework and be educated about the real estate industry, caution experts.
Housing prices should never dictate investment location, with smart investors looking instead at vacancy rates, rents and cap rates, but a new U.S. report identifying the very cheapest markets may tempt them to stray from that formula.
BMO predicts house price correction in Toronto and Vancouver but not Calgary… Alberta economy may soften next year but no crisis… Business organization slams property tax disparity… Underground condo development: perfect for a nuclear apocalypse…
While Calgary and Edmonton have been hyped as Canada’s hottest residential property markets in recent weeks, some are warning that this is a dangerous trend for investors.
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