The income needed to buy a house in major Canadian cities | Matt Gul
Posted on Nov 21, 2022
According to RateHub, a homebuyer would need less income now to qualify for an average-priced home in a major Canadian city when compared to how much it was costing in the summer.
The 10 cities analyzed in this report are: Vancouver, Victoria, Halifax, Edmonton, Hamilton, Toronto, Montreal, Ottawa, Winnipeg, and Calgary and compares Real Estate Data...
Why West Vancouver has a large immigrant population | Matt Gul
Posted on Nov 11, 2022
Recent research has demonstrated that West Vancouver is the North Shore's most prominent immigrant as several factors attract wealthy immigrants from around the globe.
Census immigration data points to West Vancouver as 'global suburb'
"According to the latest round of 2021 census data, immigrants made up 45.7 per cent of West Van’s total population...
UBS Global Real Estate Bubble Index | 2022 | Matt Gul
Posted on Oct 13, 2022
Real house price levels in Vancouver and Toronto have more than tripled in the last 25 years. An urban housing shortage amid strong population growth and falling mortgage rates are typically seen as the two main culprits of the long-term property bonanza in both Canadian cities. High investment demand has also added significantly to the price incre...
Global Wealth Report Analysis | Matt Gul
Posted on Oct 13, 2022
2022:
According to a new report by Swiss-based banking giant Credit Suisse, although North America and Europe account for 57 percent of the total household wealth globally, the average wealth per adult in China has outstripped Europe
Credit Suisse's annual Global Wealth Report released this month includes data on the average wealth of households arou...
