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The right Canadian property 'can be a good investment'

25 January 2010

Brits thinking of putting their belongings into storage and buying property abroad may wish to consider investing in a home in Canada.

This is the opinion of Paul Collins, editor at BuyAssociation, who said that the country has weathered the global recession reasonably well, in comparison to other places.

"Recently we have seen – partly due to the global recession – people are buying more for lifestyle reasons and Canada offers great potential in lifestyle property buying," he commented.

Mr Collins noted that Canada has a great deal to offer British people, adding that there are a huge range of activities on offer there, as well as attractions to enjoy.

Figures published earlier this month by the Canadian Real Estate Association revealed that residential sales activity in the country was up by 72 per cent in December 2009, compared to the same period in 2008, with the average home being priced at $337,410 (£198,567).

Written by Emily Sanders
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