- Digital publication outlines meaningful considerations to optimize investments in real estate and support next generation of homeowners
Despite the effects of rising interest rates and higher inflation, real estate continues to be regarded as a significant source of wealth creation for Canadians and their families in the medium term. Canadian benchmark home prices have risen at an annual average rate of 7 per cent in the past 16 years, four times faster than the consumer price index. However, amid growing concerns and questions about uncertainty in the economy and around investments in real estate, this year's BMO Wealth Insights provides guidance into how families can maximize their investments in this asset class and support the next generation of homeowners.
"Homeownership continues to represent an important financial milestone and source of wealth creation, security and succession for many Canadians and their families," said
"No doubt, the housing market faces a challenging period ahead due to affordability issues and a weakening economy," said
BMO Wealth Insights explores timely topics for Canadians interested in investing in real estate such as:
Canada's Real Estate Market: 5 Things You Need to Know- Federal Budget 2022: 8 Measures That Can Make Real Estate More Affordable
- All in the Family: A Primer on Gifting Property
- Podcast: Perspectives on
Canadian Real Estate
To learn more about BMO Wealth Insights, please visit privatewealth-insights.bmo.com.
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in
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