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Why Canadian Real Estate is Such Good Value
Real estate agents, Canadian citizens and foreign investors interested in the Canadian property market are all in agreement - as Canada becomes a more desirable place to live year on year so property investment in Canada becomes a more attractive prospect year on year. Furthermore, because property in Canada is high quality, plentiful, incredibly affordable and easy to purchase, real estate in Canada is good value across the board. If you need more proof, consider comparing what you can still buy for your real estate dollar in Canada to what you can currently purchase in the UK, the US, France or Spain for example. You'll quickly realise that the strong Canadian dollar (CAD) has not damaged the real estate market in Canada in the slightest. In fact, as the Canadian economy strengthens and more people move to the country, the demand for property will continue to rise which in turn will push up the value of any property investment. And you simply still get more in Canada than you can elsewhere because property in Canada is less expensive overall - land is less expensive, the cost of living is lower, the standard of living is high? This all adds up to the fact that non Canadian resident buyers are likely to be in an enviable position when it comes to investing in real estate, chances are they can afford a far higher quality purchase that they can 'back home' and they don't have to become resident to buy in Canada if they don't want to. Add the fact that overcrowding is never going to be an issue in Canada as there are 30 million people sharing 38 million square miles of land, and the fact that Canada has a wealth of diverse property available in many stunning locations country-wide to fuel the imagination and satisfy the desires of even the hardest to please purchaser, and you'll quickly realise why Canada remains such an attractive prospect for so many people. And by remaining non resident you can benefit further from the property market - you don't have to go through the rigmarole of applying for immigration acceptance, and yet you can still benefit from all Canada has to offer for up to 6 months of every year - you are even free to open a Canadian bank account, buy a car or land there for example. Alternatively, you can join the ranks of foreigners choosing to emigrate to Canada including the 3.3 million Brits who have chosen to make Canada home permanently already. Canada is actually the third most popular place to emigrate to from the UK and more and more British citizens are being attracted to this land of opportunity, space and freedom. This means that as Canada becomes more attractive as a destination of choice, property there will be more in demand which in turn will allow real estate prices to continue to rise making any property investment a good bet! Whether you're considering property in Canada from a non resident, investment stand point, with a view to letting it out before cashing in your investment in X number of years, or you're thinking of purchasing a second home in an enviable location - or you'd like to go the whole hog and up sticks and emigrate to Canada, you will find the buying process a relatively easy and hassle free affair which can only add even more value. Bureaucratically speaking the whole purchase process is often a lot less tricky than 'back home' - especially if you come from red tape rich Europe - and it takes a fraction of the time to complete the property sale process in Canada than in certain other countries where escrow periods are applied to real estate purchases. And if you would like some cold, hard facts about past performance of the Canadian property market, an average single family home in the Vancouver area sold for CAD 13,500 in 1961, CAD 48,000 in 1974, CAD 120,000 in 1982 rising to around CAD 475,000 today. It's true what they say - where people want to live, property values will always continue to rise...and more and more people are choosing to live in Canada making Canadian real estate good value for property investors! Rhiannon Williamson is an experienced publisher who has produced articles for leading travel and tourism guides and financial magazines. Her specialist knowledge about both travel and finance gives her site Shelter Offshore the unique ability to literally cover every single aspect of moving & living abroad - including the often less discussed offshore tax advantages that can be available when leaving our homeland. Check out her website to find out how you can escape from the rat race, relocate overseas, and profit from your move!
MORE RESOURCES: Los Angeles real estate agent charged with price-gouging family evacuated in Eaton Fire CBS Los Angeles B.C. dad's estate missing millions from real estate, stocks, Swiss accounts: Lawsuit - Vancouver Sun Massively renovated house fetches $24 million on North End of Palm Beach Palm Beach Daily News ‘Unfiltered’: NAR lawyer on settlement do’s, don’ts — and risks Real Estate News Dubai feeling the strain of explosive growth as real-estate prices soar and roads are choked with vehicles New York Post Trump's war on ‘wokeness’ could impact housing and real estate Real Estate News Recent real estate transactions 1/28/25 BizTimes Milwaukee REAL ESTATE BRIEFS JAN. 25 Las Vegas Business Press New lawsuit sweeps up 8 brokerages and MLSs Real Estate News Global Commercial Real Estate Brand SVN® Appoints John Bunch as Industrial Product Council Co-Chair citybiz FCT Acquires Majority Interest in Fintracker to Modernize Identity Verification in the Canadian Real Estate Industry Business Wire Covid’s effect and impact on real estate, then and now The Mid Island Times I started having boozy brunches when I moved to Dubai. I drink less now — I'm fitter and better at my job but still have fun. Business Insider Investors Who Shunned the U.S. Office Market Are Coming Back The Wall Street Journal BPDA Approves Six New Development Projects in Boston Boston Real Estate Times Blue Zones Certification Boosts Real Estate Values Miami's Community Newspapers Calare Properties Announces Promotions of Four, Expands Executive Team Boston Real Estate Times Real Estate Update: December Figures Show Uptick At End Of Sluggish Year Huntsville Business Journal Remembering Norine Shima-Fojt, editor and real estate agent who loved and fought fiercely Berkeleyside Midtown South Rezoning Begins Public Review - Real Estate - United States Mondaq News Alerts Northeast Indiana Real Estate Guide Nov/Dec 2024 KPCnews.com BBJ: Skanska Details First Phase of Longwood labs, Residential Project Boston Real Estate Times News | Real estate investment firm expands workforce housing portfolio with Chicago acquisition CoStar Group New year, same story for warehouse owners as industrial market tightens Crain's Chicago Business EquityProtect Partners With Pacific Coast Title to Offer California Wildfire Victims Free Protection From Real Estate Fraud Business Wire Sally Sparks returns to Wallace Real Estate Knox TN Today Real estate market in uncharted territory The Anna Maria Island Sun Newspaper R.W. Holmes Secures 46,815 SF in Lease Renewals in Billerica Boston Real Estate Times Northeast Indiana Real Estate Guide 2025 KPCnews.com Best Real Estate Deals of 2024: Announcing this year's honorees The Business Journals Northeast Indiana Real Estate Guide 2024-2025 KPCnews.com Real Estate Transfers (January 20-24) Times Bulletin Island Real Estate: Hatteras Island home sales and trends for January Island Free Press Real Estate Expert Dominique Pryor-Anderson Tapped to Lead Community Investment at TREC CandysDirt.com Aging Homeowners: How Does the New Generation Perceive Real Estate? Rockland County Times Gibson, Dunn & Crutcher’s Krystyna Blakeslee: Insights on 2025 Commercial Real Estate Financing Commercial Observer Another Real Estate Agent Charged with Price Gouging MyNewsLA.com A ‘Shark Tank’ Star on Losing Her Home in the L.A. Fires The New York Times Check out NYREJ's Semi-Annual Commercial Real Estate Guide! New York Real Estate Journal Online Doorify MLS and CMAsnap Announce Strategic Partnership to Bring New Real Estate Pricing Technology Into Their Platform. Victoria Advocate Taurus enters Twin Cities with 16-property acquisition The Business Journals Hirsch Bedner Associates — South Florida and Miami Real Estate News, Media and Lifestyle PROFILE Miami Trump administration 'uniquely qualified' to solve housing problem, real estate expert says Fox Business Top real estate CEO says California is now battling a ‘triple threat’ no one has seen before Fortune Attorney General Bonta Files Charges Against a Southern California Real Estate Agent for Price Gouging Eaton Fire Victims California Department of Justice Pinellas Beaches Real Estate January 20-27 The Gabber Newspaper There's a key silver lining for hopeful homebuyers after the least affordable housing market in 40 years — and it's not lower mortgage rates Business Insider |
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