Royal LePage Investors Report
Posted by Royal LePage Lakes of Muskoka on
More than 1 in 4 Canadians plan to purchase an investment property in the next five years: Royal LePage Report
51% of current investors and 23% of non-investors are considering buying an investment property before 2028
Survey highlights:
- Approximately 4.4 million Canadians currently own an investment property
- 26% of all Canadians say they are likely to buy an investment property within the next five years
- One-third of Canadian real estate investors (32%) own two or more properties
- Younger investors, those aged 18 to 34, are more likely to own more than one investment property compared to their older counterparts (aged 35+)
- 15% of Canadian residential investors do not own their primary residence; the majority of whom are aged…
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