I do not constantly tell people not to invest in real estate. The last few years have been an awful time to invest in most Canadian real estate and you don’t have to be knowledgeable about real estate to recognize this. If you need a home to live in to the next 20+ years and have a significant down payment and additional savings to weather loss of income and a recession go nuts although still wouldn’t recommend it.
Where to invest in Real Estate
- Thread starter Adamz2019
- Start date
But there's a lot of new / sales homes activities in the last few years in most Canadian real estate...
Not sure why that is relevant. Many also can’t close on the new builds are under water. New construction planning often starts decade in advance
You said "the last few years have been an awful time to invest in most Canadian real estate".
Investors buy older homes and buildings. Depending on the size of the lot, they all tear them down the existing buildings and construct new detached homes to condominiums high-rise building. New construction planning doesn't take a decade especially for single detached homes.
I can advise you on where you can invest your money https://housearch.com/ru/blog/post/top10-investicionnyh-fondov-nedvizhimosti-v-kanade/
Investment suggestion from a construction worker? How much do you make in your home country?