House it Going in the Real Estate Market? So this is the kind of house you can expect to buy in Vancouver today for about $1.19 million. To put this into context, the same $1.19 million could be used instead to create a dividend growth portfolio that would generate $40,000 each year of tax advantaged income for a lifetime. 🙂… Read More »
Canadian Farmland Values Up Again Okay, it’s that time of year again when the national agency, Farm Credit Canada, release its farmland value report about the previous year’s farming landscape. As it turns out in 2014 the average Canadian farmland price increased 14.3%. 😀 Meanwhile residential real estate prices increased only 5.2%, according to the Canadian Real Estate Association.… Read More »
To understand why the Canadian housing market is performing so well we have to look at where the demand is coming from. According to the Canada Mortgage and Housing Corporation, one person households are “expected to show the fastest pace of growth, making it the single biggest type of household by the 2020s.” As the population ages more senior… Read More »
Buying a home in the US right now is a pretty good idea. Prices have come down 30% from their highs in 2006 and the cost of owning is cheap compared to renting. However it’s not the same story on this side of the border. What goes up must come down right? well apparently not when you’re in Canada.… Read More »