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

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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.

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The survey, conducted by Leger, said 64 per cent of residential real estate investors own one property, while 32 per cent own two or more.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Since their research on real estate investors is new, there is no baseline to compare it to, but Soper said the numbers appear to be higher than he would have expected. The report said more than a quarter, or 26 per cent, of all Canadians plan to buy an investment property before 2028, with 23 per cent of Canadians who do not own a residential investment property saying they are likely to purchase one in the next five years.in today’s post-pandemic real estate environment, the aspiration to own property for the purpose of investment remains strong,” it said.

 

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