Canadian investors putting their money south of the border

Lower prices and higher returns are attracting an increasing amount of Canadian real estate investors to the US.

Lower prices and higher returns are attracting an increasing amount of Canadian real estate investors to the US. A report by Avison Young shows that the commercial sector has seen a 79 per cent increase in the first half of this year to $5.4 billion while private investors have put $801 million into US homes. However, a weaker Canadian dollar may see the rate of investment in the south decline, while lower prices for commercial property in Canada would also create a change of focus. Read the full story.