Canadian cities draw foreign investors

The real estate market in major Canadian cities such as Toronto and Vancouver continues to flourish thanks to growing interest from developers, investors and buyers, both domestic and international. Despite ongoing (and so far unrealized) concerns that Canada’s real estate market may be overheated, sales activity and prices remain robust in many of the urban centres due in large part to increasing urbanization, rising immigration, foreign investment and development as well as low interest rates. This abundance of real estate activity on both the development and investment front has been at an all-time high in all asset classes including industrial properties, hotels, apartments and offices.
 

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