Those who assume investors target big cities are absolutely correct. Out of the ten largest CMAs, the highest concentration was in London, ON where 85.5% of condos are investor-owned. The top three are rounded out with Windsor (64.4%) and Kitchener-Cambridge-Waterloo (60.7%). It’s worth noting all three of those markets are typically considered college cities. That can be a problem with the shift in student policies.
https://betterdwelling.com/ontarios-big-cities-saw-investors-buy-up-to-85-of-condos-fueled-by-gov-incentives/
Those who assume investors target big cities are absolutely correct. Out of the ten largest CMAs, the highest concentration was in London, ON where 85.5% of condos are investor-owned. The top three are rounded out with Windsor (64.4%) and Kitchener-Cambridge-Waterloo (60.7%). It’s worth noting all three of those markets are typically considered college cities. That can be a problem with the shift in student policies. https://betterdwelling.com/ontarios-big-cities-saw-investors-buy-up-to-85-of-condos-fueled-by-gov-incentives/
BETTERDWELLING.COM
Ontario’s Big Cities Saw Investors Buy Up To 85% of Condos, Fueled By Gov Incentives - Better Dwelling
Canadian real estate is increasingly being scooped up by investors, and incentives play a large role. That was the take in the latest report from the Canadian Housing Statistics Program (CHSP) at Statistics Canada (Stat Can). The agency’s latest numbers show that up to 85% of condo apartments in Ontario’s ten largest census metropolitan areas […]
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