Royal LePage has published the results of the annual real estate investors report this month. It features data and insights into Canada’s property investment markets. Here are some highlights from that report.
- Approximately 11% of people have an investment in residential real estate (commercial properties were not included)
- Real estate continues to be a preferred asset with 26% stating that they will probably buy a rental property within five years.
- About 32% of respondents said they own two or more properties
- Interestingly, 15% of residential investors rent their primary residence
- Higher interest rates have 31% considering the sale of their investment property
Are you interested in purchasing a rental property or a home with a mortgage helper? Contact me today for more information and a list of properties ideally suited for investors.
