This sudden incident has caused all those who own overseas properties to live abroad. How about choosing a Canadian property?

According to the latest data released by the Canadian Real Estate Association (CREA) on Monday, when buying a house in Vancouver a year ago, the house price rose by 8.4% compared with the same period this year. Not only that, CREA's forecast for next year also shows that house prices will rise by 6.2% (excluding tax). Are experts cheating you into buying a house again?

In fact, according to Gregory Klump, an economist at CREA, after carefully observing the price increase of 8.4%, house prices did not improve until recent months. In fact, the substantial increase in percentage is based on the comparison between this year's highest point 165438+ 10 and last year's lowest point 165438+ 10. Therefore, by the end of this year, it is estimated that Vancouver house prices will only rise by 2.3%.

The public should not be too happy. Of course, not all people in the industry can sing well. Hilliard MacBeth, an economist, poured cold water on the prospect of Canadian real estate in his book The Bubble Burst.

Macbeth said that the Canadian real estate market is still overvalued and will inevitably fall. Swiss bankers recently released their latest ranking of the global real estate bubble index, with Toronto ranking second between Munich and Hong Kong and Vancouver ranking sixth.

Consider starting with Canadian real estate in 2020. If it is to ensure the safety of investment, you can rent out the house, earn the rental cost, and ensure that you can recover part of the investment cost.

When you buy a Canadian property, you are planning for your future life. If you plan to settle in Canada in the future, it will be more convenient to have your own house.