According to a recent survey, in 2024, a substantial 87% of Canadians have chosen to invest in real estate as their preferred method for generating additional income, surpassing stock investments.

Paraphrasing the article from REM, despite global and economic challenges, Canadians are confidently turning to real estate investment as a viable method to build additional income and generational wealth, according to a survey by Valour Group, District REIT, and Pro Funds Mortgages.

The survey reveals a robust Canadian real estate investor landscape, with 82% of respondents expressing an optimistic or selective approach for 2024.

Real estate investing is the preferred choice for 87% of respondents compared to publicly traded stock investments. The need for affordable housing is well understood by Canadians, who plan to capitalise on this demand.

Purpose-built rentals, single-family homes, and condominiums are the most sought-after real estate investments. Despite a slower 2023, there's an increased interest (62%) in Canadian real estate markets.

When it comes to investment preferences, 80% favour passive investments like private mortgage lending or real estate-focused equity funds, and 19% prefer active property ownership.

As Canada continues to welcome immigrants, investors are expected to play a crucial role in funding necessary housing. Expert advice is also highlighted as key to successfully navigate the dynamic real estate investment landscape.

For more detailed insights, check out the full report on Real Estate Magazine.

READ MORE ARTICLES

WORK WITH THE JENSEN TEAM

Discover the power of partnering with us. Our guarantees and warranties make sure you have a no hassle real estate journey plus we have access to essential local knowledge, market insights and off-market properties. As trusted local experts, we have built a solid reputation for delivering excellence. Contacts us to find out more about our services and what sets us apart.