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According to a report by Canadian research firm Environics Analytics, the average household net worth in Canada increased by 4.3% from 2014 to $680098. This shows that many families are in good financial condition.
British Columbia is the wealthiest province in Canada, with an average net household growth of 6.3% to $883049. Vancouver, relying on its hot real estate market, became a “millionaire” city in Canada, with average net household growth rising 7.1% from 2014 to $1.03 million, 6202 yuan.
In second place is the Greater Toronto area, where average household net worth rose 5.4% last year to C $962,993. The third place was the city of Victoria and surrounding areas in BC province, with an increase of 3.4%, with an amount of C $9122,362.
Peter Miron, vice president of Rising real estate, attributes Vancouver’s wealth to its rising real estate value.
House prices in the interior of BC have been too high for a long time, and the government has imposed a 15% surtax on overseas buyers in an attempt to cool the market and rein in prices. This measure has been implemented for a month, and people from all walks of life cannot wait and see the impact of the policy on the real estate market. But according to new official figures from the Greater Vancouver Real Estate Bureau, house prices did not fall in August, but showed an overall upward trend.
At the same time, the report also released a survey of average household liquidity in Canada, which consists of household liquidity, including stocks and mutual funds. The average household current assets in Canada increased by 3% to $251 per cent.
Average household pension assets increased by 5.7 per cent in 2015 to $1405,204, with Manitoba growing rapidly by 8.3 per cent to $142740. Ontario’s average household pension assets are high.
The Expo is a large-scale master planning and integrated community in Bennabi so far, with Hillside West as the first phase. Sitting on a large area of 52000 square meters of community park green space, gourmet restaurants, cafes, Super Club fitness clubs and other high-end facilities, and enjoy other surrounding facilities, such as natural parks, sports, culture, arts, and the community is surrounded by golf courses.