One in four Canadians plans to buy investment property in next five years: Royal LePage survey

📆 26/05/2023 00:09:00
📰 financialpost

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A Royal Lepage survey found that just over a quarter of all Canadians plan to buy an investment property before 2028. Read more here.

in today’s post-pandemic real estate environment, the aspiration to own property for the purpose of investment remains strong,” it said.in the country, and realize Canada is welcoming half a million new Canadians a year — a figure that’s likely to remain high or even grow, Soper said.

“The combination of supply shortage, high rents more homeowners looking for rental to put a roof over their heads has attracted more people to the sector,” Soper explained.Article content Forty-four per cent of investors owned a single-family detached home, while 37 per cent invested in condominiums or apartments.

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One in four Canadians plans to buy investment property in next five years: Royal LePage surveyA Royal Lepage survey found that just over a quarter of all Canadians plan to buy an investment property before 2028. Read more here.
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