2 TSX REIT stocks to buy for passive income: CAR.UN and GRT.UN

The average real estate prices in Canada popped up by massive 6.3 per cent in 2020, as compared to 0.7 per cent in 2019, according to Statistics Canada. Furthermore,  the average prices of the residential segment increased by 38 per cent year-ov...

Canada’s real estate market is one of the hottest ones around the world right now. Low interest rates have encouraged more Canadians to look for new homes, and with the supply gradually shrinking, home prices have been surging significantly. A...

Summary Rise in housing prices fueled by cheap debt and mismatch in demand and supply. High level of Canadian household debt due surging mortgage payouts a concern. Treating any sector as a quick multiplier of wealth can lead to broader reperc...

The Canadian housing boom has contributed nearly C$ 1 trillion or six per cent to the national net worth in the first quarter of 2021, as per a Statistics Canada report. The country’s real estate sector has added over C$ 2 trillion since 2020, ...

The equity market witnessed one of the biggest crashes after the COVID-19 pandemic struck Canada for the first time last year. With coronavirus cases rising again, long-term investors are likely to play cautiously and choose stocks wisely as uncertai...

Summary FirstService Corporation (TSX:FSV) came out with its 2021 first-quarter results on Tuesday, April 27. It posted a 12 per cent year-over-year (YoY) surge in consolidated revenues. Following this, FirstService stocks climbed by nearly th...

Summary Recently, a Royal Bank of Canada (RBC) survey revealed that 36 per cent of young Canadians (under the age of 40) have ditched their plans of buying a home. Finance Minister Chrystia Freeland announced in the federal budget that the gove...

Source: Stock-Asso, Shutterstock Summary The average price of a home in Canada increased by 31.6 per cent to C$ 716,828. The housing market continues to soar and more Canadians are willing to sell their homes. Canada's housing market soared t...

Source: Pravinrus, Shutterstock Summary Tighter mortgage qualification rules will make it difficult for homebuyers to secure financing. Work from home options and cheap mortgages have increased the demand for houses. Last month the Canada Mor...

Source: godshutter, Shutterstock Summary TRREB president Lisa Patel said that the estimated economic regrowth and low borrowing costs have boosted home sales. From the peak pandemic period of March 2020, new listings surged 57 per cent. Earli...