Canadians in Florida face stiff competition in the rental and homeownership markets along with high inflation and a low loonie. Read on.
The price paid by foreign buyers is rising in lockstep.in Florida was $347,300 in 2021 and had increased by 33.1 per cent over the previous year, according to Florida Realtors, an industry group.Article content
Southeast Florida — including Palm Beach, Broward and Miami-Dade counties — was a close runner up with a 31.7 per cent increase. Similarly, a recent study by Apartmentlist.com that looked only at apartments found rents in southeast Florida had surged 28 per cent over the past year.Article content “There’s a real demand for rentals. People are especially looking for the three months: January, February, and March. And people are saying, ‘Well, nothing for 2023 so I will have to book for 2024 to find something.’”“They have to want to rent for at least six months and they have to be prepared to do what the agent tells them to do. It’s very simple. If they want it, they simply have to take it for what it is because there’s nothing out there.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian snowbirds in Florida face cost-of-living crunch as real estate, rental prices riseCanadians in Florida face stiff competition in the rental and homeownership markets along with high inflation and a low loonie. Read on.
Read more »
Canadian snowbirds in Florida face cost-of-living crunch as real estate, rental prices riseCanadians in Florida face stiff competition in the rental and homeownership markets along with high inflation and a low loonie. Read on.
Read more »
Advice | Three ways to take control and get more mindful about your moneyThere are many financial factors out of your control right now like the rising cost of living, persistent supply chain shortages and so on. But, what is in your control is how you go about managing, and thinking of, your personal finances.
Read more »
As provinces hand out cash, advocates say inflation help should be more targeted | Globalnews.caQuebec says it is increasing funding for social and affordable housing construction as well as food banks amid rising costs of living.
Read more »
Toronto artists are being ‘run out of town’ by soaring rents. Should the city step in to help?Rents for living space, studio space and performance space are rising dramatically even as housing prices are tumbling.
Read more »