Found 2 blog entries tagged as Canadian real estate.

Buying your first rental property can be a smart way to build income and long-term financial security. In Canada, with rising housing demand and more people choosing to rent, investing in a rental property has become a popular move among professionals, retirees, and couples. Whether you're thinking about a small apartment or a detached house, the key to success is doing your homework. This guide will walk you through 10 essential tips to help you make informed decisions and avoid costly mistakes.

1. Know Your Finances First

Start by understanding your financial situation. Do you have enough income to support a mortgage, plus extra for maintenance and vacancies? Most lenders in Canada require at least a 20% down payment for rental properties.…

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Date: April 14, 2025

Canadian housing starts fell by 3 per cent to 214,155 units in March at a seasonally adjusted annual rate (SAAR). Compared to the same month last year, starts were down 12 per cent.

Single-detached housing starts remained flat month-over-month at 49,667 units, while multi-family and other starts declined by 4 per cent to 164,484 units (SAAR).

British Columbia Highlights

In British Columbia, total housing starts rose by 5 per cent month-over-month to 31,145 units (SAAR), covering all regions across the province.

In urban areas with populations of 10,000 or more:

  • Single-detached starts increased by 3 per cent to 3,866 units.
  • Multi-family starts grew by 6 per cent to 25,302 units.

Overall, British…

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