Canada Property Market is a safe investment
Overseas Property News - Canada
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The Canada property market is currently one of the strongest in the world; across the board Canada property prices have been rising by more than 10% for the past few years, a level almost unheard of in established markets like Canada. Most people expect the Canada property market to behave like the U.S., which is currently in the throes of what they call a "price correction", but what means a sharp-drop in house prices that were previously rising rapidly.
They aren't all that wrong: before the U.S. real estate market began to fall, the
Canadian property market was seeing similar levels of growth to the U.S.. The difference is, the growth of Canada property prices was on a more stable footing, i.e. property prices were rising because of demand, not because of bad agents inflating values to higher than they should have been. The result is that now, the
Canada property market is very different to the U.S. in that prices continue to rise at the same above average but sustainable rate.
Canada is deservedly among the most popular destinations in the world to make a property investment. It is world renowned for its gorgeous landscapes and spectacular rare wildlife, true wilderness, grizzly bears, salmon fishing, and really getting back to your roots, not to mention skiing in places like Mt Tremblant, and soaking up the ambiance of Montreal.
This gives it fantastic appeal with tourists, and makes a property investment in Canada a shrewd move. Canada's Toronto is one of the only places in the world where rental yields rise in line with property size, and Canada is the only established market in the world that has average rental yields of around 8%. Despite its popularity and sustainable growth, you can still find a bargain investment property in Canada, in fact it is more of a struggle to find reasons not to invest in a Canada property.
Speaking of bargain
Canada property, you won't find a better deal than our Rouge River land plots. The Rouge River resort has been voted the best resort in Quebec 8 years running. 100 miles of the Rouge River runs through the resort, with fantastic trout fishing, kayaking, canoeing and white water rafting. A 100 mile bicycle track weaves through the forest along the river bank, and the woods are full of the aforementioned wild-life. In winter the bicycle track becomes a cross country ski and skidoo trail.
The one acre Rouge River plots are half the price of smaller plots nearby, with pre-designed log-cabins waiting to be built. All the above and their price put these up with the best holiday home investment property on the global market.
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