Personal Finance

Better Finances for a Better You

Topic: "Real Estate"

← Curating the web to find the most interesting and helpful information about your money.

Investing

Net worth of millennials has quadrupled: Why some call it ‘phantom wealth’ by Jessica Dickler

Millennials have come a long way since their days of being called lazy or entitled. Despite reaching key milestones later than their parents once did, they are now wealthier than previous generations were at their age.

By many measures, millennials are doing remarkably well. Still, very few millennials would consider themselves wealthy →

Infographic of the week

Canadian Housing Market Data from WOWO

Canada’s housing market buzzed with activity in October 2024 during a month with significant home sales and price changes across the country. In October 2024, the national benchmark home price, which measures the price of a “typical” home, was $707,700, a 0.8% monthly decrease and down 3.2% year-over-year. However, it has jumped 77% over the past decade.

Canadian Housing Market Data from WOWO Canadian Housing Market Report →

Infographic of the week

Mapped: Fastest Growing (and Shrinking) Cities in the U.S. and Canada

Despite Canada having a population just 12% the size of the United States, the country was home to a majority of the fastest-growing cities between the two neighbouring countries.

Mapped: Fastest Growing (and Shrinking) Cities in the U.S. and Canada Toronto is the Fastest-Growing City in Canada and the U.S. →

Infographic of the week

Global Real Estate Bubble Index 2024

This graphic shows real home price growth in real estate bubble markets over the last decade

Global Real Estate Bubble Index 2024 Where do Canadian cities rank? →

New Canadian Mortgage Rules

In an effort to ease the housing shortage, the federal government is implementing new mortgage regulations, this time with an emphasis on encouraging the building of secondary suites.

New Canadian Mortgage Rules How will Canada’s new mortgage rules affect your plans to buy a home? →

Infographic of the week

In 15 big Canadian cities, more than 50% of homes sell for at least $1 million.

Beyond conventional criteria — such as a $1 million+ price tag, spaciousness, lavish decor, and a prime location — lie deeper insights into the fabric of the markets that showcase Canada’s most expensive homes for sale.

In 15 big Canadian cities, more than 50% of homes sell for at least $1 million. Check out the 15 large cities where 50% to 80.5% of homes for sale cost at least $1 million →

Investing

How To Invest In Real Estate By Miranda Marquit

There are an endless variety of ways to invest in real estate, from taking out a home mortgage to building a property empire that spans the country. While the latter is probably out of reach for most of us, there’s no shortage of other options.

Here are five strategies for adding real estate exposure to your investments →

Infographic of the week

Which Cities Have Bubble Risk in Their Property Markets?

Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.

Which Cities Have Bubble Risk in Their Property Markets? The UBS Global Real Estate Bubble Index →

← Curating the web to find the most interesting and helpful information about your money.