It's a common misconception that newer is always better when it comes to housing and real estate in general. While the amenities associated with new builds certainly have clear appeal, the tradeoff can be cost, space, and sometimes even quality. In Canada, rental construction was aided by federal incentives in the 1950s, '60s, and '70s. [...]
In a move to supplement workers and stimulate the economy, the Government of Canada announced that they plan to bring in over 1.2 million new immigrants over the next three years. Breaking that number down further, the federal government aims to accept 401,000 new permanent residents in 2021, 411,000 in 2022, and 421,000 in 2023. [...]
Located in Northern Ontario, a mere four hours from Toronto, Sudbury touts a resilient and growing real estate market. Below, I explain why Sudbury's economy is so promising, why more people are choosing to settle in the region each year, and how such factors are contributing to the strength of Sudbury's rental segment and real [...]
Investing in real estate comes with its fair share of advantages. In addition to offering predictable and sustainable cash flow, real estate tends to appreciate in value, keep up with inflation, and provide a higher return on investment, compared to investing in stocks, bonds, or mutual funds. That said, when it comes to investing in [...]
The Niagara Region, located in the Golden Horseshoe region of Southern Ontario, is home to just under half a million people—a number that's forecasted to rise. Niagara's population grew by close to 40,000 persons between 2007 and 2019, with the most concentration in St. Catharines (roughly 141,000) and Niagara Falls (roughly 95,000). Owing to its [...]
So far, 2020 has been largely defined by bans and restrictions that have stalled and stagnated many previously healthy markets. Amidst so much more, the global pandemic has ensued things like mandatory business closures, strict travel restrictions and bans, plummeting immigration levels, and a significant drop in foreign investments. For years now, immigration-driven population growth [...]
Facebook was first launched in 2004. Since its humble beginnings, the company has become one of the biggest in the world. Facebook's rise gave way to their now famed motto, coined by Mark Zuckerberg, "move fast and break things." Though Zuckerberg's credo was timely and pointed, meant to celebrate the high-velocity innovation that drove Facebook's [...]
The real estate industry was moving towards normalizing digitized processes well before the coronavirus pandemic struck. According to a 2019 Profile of Home Buyers and Sellers report, released by the National Association of Realtors, the internet has become the most common resource for buyer hopefuls looking to purchase a home, overtaking the previous norm of [...]
The coronavirus pandemic has changed Canadian industries across the board and Toronto's real estate industry is no exception. Though the market is poised to emerge stronger than ever, there's been a perceivable shift as to where demand is growing. The recovery of the GTA's real estate market and rising demand for housing According to [...]
Investing in real estate comes with its fair share of advantages. In addition to offering predictable and sustainable cash flow, real estate tends to appreciate in value, keep up with inflation, and provide a higher return on investment, compared to investing in stocks, bonds, or mutual funds. That said, when it comes to investing in [...]
