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Investors made up 20-30% of home purchases during the pandemic: StatCan
Author:
Steve Huebl
Publication date:
February 6, 2023
Article Summary:
The article titled "Investors Made Up 20-30% of Home Purchases During the Pandemic: StatCan" highlights a report from Statistics Canada regarding the impact of the pandemic on the Canadian housing market. According to StatCan, investors accounted for 20-30% of home purchases during the pandemic period. The article explores the reasons behind this surge in investor activity, including low interest rates and potential investment opportunities. It discusses the implications of increased investor presence on housing affordability and market dynamics, emphasizing the need for a balanced approach to housing policy.
Keywords:
Investors, Home purchases, Pandemic, StatCan, Statistics Canada, Canadian housing market, Surge, Low interest rates, Investment opportunities, Housing affordability, Market dynamics, Balanced approach, Housing policy.
Source Citation:
Steve Huebl
Investors made up 20-30% of home purchases during the pandemic: StatCan
February 6, 2023
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