Canada’s Property Market Out Performs USA
Overseas Property News - Canada
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News has just been announced by PropertyWire, a reputable property news service, that Canada’s property market is continuing to perform well and that the economy is speculated to reclaim its former strength,
“Canada's real estate market has held up better than their US neighbours, and more data suggests that they are already on the road to recovery.”
It is reported that the Bank of Canada rate cuts coupled with first time buyers has helped bring stability back to the market.
For budding investors this means that as the property market in Canada is beginning to recover that now is a good time to put their money down in order to reap the benefits of the predicted growth.
As Will Dunning notes, an economic consultant who specialises in the property market, “We should be less fearful than we were six months ago…the resale markets in Canada are very strong.”
Furthermore, a recent report by the Canadian Real Estate Association has indicated that the Canadian residential property market has not only out performed the US but has in fact been showing signs of improvement for the last few months and also that property giant Brookfield Real Estate Services predicts a period of stability next year.
All of this signals Canada as being a real hotspot for lucrative investments.
DSR Asset Management Ltd. has some excellent opportunities to invest in property in the most popular destinations in Canada.
From hip apartments in Celine Dion’s birth town of Charlemagne, adjacent to Montreal, to more affordable (£26,000) land plots in the quaint and convenient location of La Seigneurie where the ski resort of Mt. Tremblant is just thirty minutes away, making it popular all year round.
DSR realise the potential of the Canadian property market and this is why they have three diverse and tempting destinations in Canada in their portfolio.
The La Seigneurie land plots for instance have an independently predicted capitol growth per annum of 10-15% whilst the Charlemagne apartments are predicted to return 69% of the investment after just five years.
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About DSR Asset Management Ltd
DSR Asset Management Ltd is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR, giving an unparalleled selection of resale and new builds.
David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR. education programme which lectures individuals and organisations on property investment.
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