Canadian Residential Real Estate Investment Peaked And Is Heading For Declines

Thursday Jul 26th, 2018


Source: BetterDwelling.com, by Stephen Punwasi Peak Canadian real estate investment is behind us, according to another indicator. Statistics Canada (StatCan) numbers show residential investment as a percentage of gross domestic product (GDP) is moving lower. Taking a dive through unadjusted data, we can see this trend is primed to head much lower soon. What Is Residential Investment? Residential investment is how countries measure economic activity related to building residential... [read more]

5 Factors That Make 2018 The Year To Buy

Monday Jan 01st, 2018


Here are five of the factors expected to keep the market more balanced in 2018.   1. OFSI’s Stress Test rules   The government regulator known as the Office of the Superintendent of Financial Institutions will require all homebuyers taking out mortgages from the lenders that it regulates to meet a “stress test” as of Jan. 1. That means buyers going to a Big Five bank for a mortgage will need to prove they can afford the Bank of Canada prime rate, even if... [read more]

Building a Real Estate Portfolio for Cash Flow

Saturday Dec 16th, 2017


“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrialinvestments combined. The wise young man or wage earner of today invests his money in real estate.” Andrew Carnegie That quote is decades old but still holds true today. Though it's all the rage today on TV, this article isn't about real estate wholesaling or flipping houses. True, there is money to be made in those... [read more]