Monday 28 October 2019

Real Estate Investment

Maclean’s published a story titled “Is real estate still a good investment for Canadians?”
Wednesday, October 23rd.

The article focuses primarily (but not exclusively) on buying a home as an income property and concludes with this,

Bottom line: Canadians can still confidently invest in real estate... real estate is still a viable way to build and grow your investment portfolio. While 2018 numbers appeared bleak, by 2019 the climb out of negative growth forecasts was already taking place. According to CREA, the national sales activity was on target to increase by five percent in 2019 and forecasted to grow by 7.5 percent in 2020. The national sales price was also on track to climb with only a slight nudge up in 2019 (of 0.5 percent).

Read the full article at https://www.macleans.ca/sponsored/investing-in-real-estate-in-canada

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