Rent To Own Prince Edward Island
Rent To Own Prince Edward Island
Prince Edward Island (PEI) is a picturesque province. With it’s red cliffs,sandy beaches and the charm of cities like Charlottetown and Summerside, it’s no wonder that the price have home have skyrocketed in the past few years.
People that are cashing in on the value of real estate in other large markets like Vancouver, Toronto, Ottawa, Montreal, decided to take their new money and invest into a home at a much cheaper price in PEI.
This new injection of money into the local markets of PEI has as a result inflated the local cost of homes in the area as newcomers are willing to put more down for the home they want.
As a matter of fact according to CREA stats, from September 2018 to September 2019 the average price of homes in Prince Edward Island have jumped 17.2%, leading to record prices.
The injection to new money in the PEI housing market and low interest rates will continue to increase the price of homes even higher out of reach for residents.
Rent To Own PEI is a great way to get into this expensive housing market, before letting the prices get out of reach.
We do Rent To Own in Charlottetown, Summerside, Stradford, Cornwall, Three Rivers, North Shore and Souris.
If you would like to better understand how Rent To Own works, click the following links.
Rent To Own Canada - Executing Rent To Owns Successfully With Integrity.