Archive for the ‘Property’ category

Cities with Highest Property Rental Yield

April 14th, 2010

Vancouver

Recently we came across a good web site, GlobalPropertyGuide.com, which provides data about rental yields. If we check Canada, city with high property rental yield is Montreal.

City Apartments Price Rental (monthly) Yield (p.a.)
Montreal 50 sq. m. $189,900 $1,390 8.39%
  85 sq. m. 317,560 $1,896 7.16%
Toronto 60 sq. m. $415,200 $1,916 5.54%
  120 sq. m. $904,560 $3,400 4.51%
Vancouver 50 sq. m. $337,550 $1,303 4.63%
  85 sq. m. $614,040 $2,066 4.04%

 

Now, let’s compare it to Indonesia. Jakarta has very high rental yields, with more than 10% on average. It sounds like a good investment, doesn’t it?

City Apartments Price Rental (monthly) Yield (p.a.)
Jakarta 50 sq. m. $62,950 $707 13.47%
  85 sq. m. $105,570 $1,066 12.12%

Canadian Housing Prices Has Recovered?

February 24th, 2010

Canadian Housing Price 

We just found an interesting Web site, housepriceindex.ca, that provides house price index in Canada. We checked a couple of big cities, such as Vancouver and Toronto. It’s a little bit surprising that housing prices in many cities have recovered. Some are even higher compared to 2008 when the recession started. You can see the house price index for Toronto in the chart above.

We are surprised because the recovery looks like to be in V-shape. We were expecting something like L-shape or U-shape.

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