welcome
Global News

Global News

Business

Business & Economics

About 30% of Canadians now say condos have lost investment appeal: survey - National | Globalnews.ca

Global News
Summary
Nutrition label

66% Informative

A new survey by Rates.ca found 30 per cent of Canadians say condos no longer hold that same appeal.

Just 11 per cent say they would buy a condo as an investment, while 57 per cent said they would not buy a condominium for any reason.

Statistics Canada says two in five condo apartments in five provinces were used as investment properties between 2016 and 2020 .

VR Score

74

Informative language

77

Neutral language

13

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links