Bravo festival condos vaughan. What is the advantage of Canadian real estate investment? Recently, Canadian real estate sales have risen as well as prices. The Canadian Real Estate Association has predicted the real estate market in 2021. It is expected that the average price of house prices in Canada will rise by 16.5% this year. At the same time, it is expected that home sales this year will reach 702000 units, an increase of 27.3% over last year!Please Visit: Bravo festival condos vaughan to Get Your VVIP Registration Today!
Now, domestic investors are no longer satisfied with the needs of domestic investment allocation, and more and more people choose to invest in real estate overseas. on the one hand, they can realize real estate investment, and on the other hand, they can also achieve overseas asset allocation and reduce investment risk. The Canadian real estate market is also one of the markets favored by many investors. What is its investment advantage?
China’s real estate market does not have a sound and unified housing supply system. Real estate companies only sell their own houses, false housing, listed prices are not in line with the reality of housing, I believe that many investors have encountered these things.
Different from the Chinese real estate market, Canada has a housing sharing system MLS, each broker uploads the housing information to the MLS system, all the information is fair, transparent, mutually beneficial, and the competition in vicious industries is reduced, so the market is booming.
In addition, there are different third-party agencies to assist in the process of buying and selling houses in Canada. These include valuation companies, house inspection companies, notaries, banks, insurance companies, lawyers, and professional licensed brokers, each of which performs its functions to ensure that housing transactions are fair and reasonable.
China’s land is owned by the state and cannot be owned by individuals, and the lease term of land for general civil housing is 70 years. In Canada, the vast majority of properties are permanent property rights, and the property rights of land can also be privately owned, which may be one of the biggest differences between the two countries.
Canadian private property, including real estate, is sacrosanct and can be passed on to future generations.
According to the latest Hurun Institute’s “overseas Home purchase Investment return Index 2020”, many cities in Canada are on the list with considerable investment returns. Toronto, one of the most popular investment cities in China, has an annual investment return of 9.1%, an annual house price increase of 10.3%, and a rental return of 3.2%.
Canada is one of the largest immigrant countries and popular countries in the world to study abroad. Every year, hundreds of thousands of people emigrate or study locally. These huge populations will promote the great demand for local rental housing and real estate transactions.
It not only has a beautiful environment and rich resources, but also has leading global education resources and free medical resources for all. In addition, Canada is socially stable, secure, culturally diverse and inclusive.
And Canada also has many of the world’s most livable cities, such as Vancouver, Toronto, Calgary, Montreal, these cities have a very beautiful natural environment and unique location!