Thursday, 25 May 2023
By Mortgage Outlet
Leah Zlatkin quoted in CTV News: ‘Who are Canada’s real estate investors, and where are they buying?’
Leah Zlatkin says that “A lot has changed” since 2020. “I don’t know if we can really base this on the profile of existing investors.”
She also explained that 2020 trends reflecting out-out-province investors in the East Coast remain relevant to the current housing market.
“For many Ontario investors who want to get into the market with a second or third home in the course of the last two or three years, the East Coast has been really cheap in terms of property values,” she said. “So it’s been a really good opportunity to buy properties out there and still be renting them for the same cost as properties in the [Greater Toronto Area].”
