About Canada

Far from being a shadow of the USA, it is the French and British traditions that give Canada its complex three dimensional character.

Canada’s wild northern frontier, which has etched itself into the national psyche, and its distinct patchwork of peoples have created a cultured environment that some
say is decidedly different from its modern neighbour.

Canada has four distinct seasons, although their arrival times vary across the country. The single most significant factor in climate is latitude. As a rule of thumb, it gets colder the further north you go, so it’s no accident that the south is more populated. The western and eastern coasts are both very wet, though much of the rain falls during winter. Canada came to light for property investors and holiday home purchasers from the UK as far back as 10 years ago. With a sound and stable economy the property market has shown consistency over the last five years. Property prices in the main cities has risen to all time heights in the last two years and it is widely considered that the mountain resorts will follow suit, with more tourists then ever visiting the un-spoilt beauty and world class facilities of areas like Mont Tremblant and Mont Saint Sauveur.

KEY FACTS

  • Long term political stability
  • Low interest rates
  • Excellent rental potential
  • Year-round tourism
  • Sustained sound economic performance
  • Picturesque landscape
  • World class ski resorts
  • Friendly and welcoming nationals
  • Cities with a European architecture

 

RENTAL RETURNS AND TOURISM

With the year-round tourism providing a perfect setting for winter holidays or summer escapes, Canada continues to grow in popularity. Rental yields in multi activity resorts can exceed 11% with most properties in the hot spots achieving 85% occupancy levels.

 

CAPITAL APPRECIATION AND THE PROPERTY MARKET

Due to the major cities rising real estate prices more nationals are investing in second homes within their beloved mountain resorts. Popular resorts are seeing demand outweighing supply. Canadian standards of construction are notably high and due to current low entry level prices in areas, good value for money is easily achievable.

Canada, in the News...

"Thanks to condo building, housing starts hit a 29-year high of 278,200 annualized units in September, up almost 20 per cent from August, according to figures released by the Canada Mortgage and Housing Corp."

http://www.thestar.com/Business/article/265173

 

'While we await the inevitable, however, sales of residential real estate in British Columbia are expected to reach the second-highest level in history this year, about 5,000 transactions shy of the record 106,310 sales set in 2005. The average home price in the province will be up 12 per cent this year to $437,000. After that, if the B.C. Real Estate Association has it right, the number of sales will drop to 96,671 and the pace of price increases will subside to about eight per cent.'

http://www.canada.com/vancouversun/news/editorial/story.html?id=a79f9e3b-99e0-405c-ac22-05d993a5241b

 

Canada's housing prices continue to defy the laws of gravity, but they won't be able to indefinitely thwart the laws of economics.

http://www.canada.com/vancouversun/news/editorial/story.html?id=a79f9e3b-99e0-405c-ac22-05d993a5241b