Top Ontario Investment Towns Named for 2011 and Beyond: Hamilton Ranks #1May 10, 2011
Toronto's real estate market set to outperform other regions of the province over the next 3 - 5 years
Toronto, May 10/11 -- The Real Estate Investment Network™ (REIN™), Canada's leading real estate research organization has just released its latest report on the top Ontario cities and towns for real estate investment. Out of the hundreds of cities and towns in Ontario, Toronto ranked #8 in the province.
The report, entitled Top Ontario Investment Towns 2011-2015 analyzes the current and future prospects for real estate investment opportunities in Ontario, and identifies the top regions that will outperform in the coming decade.
REINT's findings are based on in-depth research, analysis of the latest statistics, economic and social trends, and on-the-ground reports from REIN™'s research staff and members, along with reports and statistics from organizations such as Canadian Mortgage and Housing Corporation (CMHC), Statistics Canada, Multiple Listing Service (MLS), Canadian Home Builders Association, city and regional real estate boards, and local economic development offices.
The 102-page report looks at such factors as:
A. Is the area's population growing faster than the provincial average?
B. Are new infrastructures being built to handle that growth?
C. Is the area creating new jobs and taking steps to maintain current employment levels?
D. Will Toronto benefit from an economic or real estate ripple effect?
E. Has political leadership created an economic growth atmosphere?
F. Are there major transportation improvements in the works?
Don R. Campbell, president of REIN™ states in the report, "Toronto will continue to be a major economic engine for Canada as long as it functions as the financial and head office capital of the country. This, combined with a strong growth of immigration to the city will help to provide an ongoing source of both rental and ownership demand in the housing market. However, it is important for investors to remember that Toronto cannot be painted with one brush. Taken as a whole, the city's real estate market will under-perform many of the surrounding regions. Yet, key neighbourhoods will have breakout years, outperforming many regions of the province."
The top towns ranked in the report are:
#2 Kitchener & Cambridge
#3 Simcoe Shores -- Orillia & Barrie
#7 Durham Region (Whitby, Pickering, and Ajax)
Founded in 1993, the Real Estate Investment Network™ (REIN™) has grown over the years to become Canada's leading real estate research, investment and education organization. It serves more than 3,000+ member clients who own more than 26,000 properties (valued at over $3.3 billion) across the country. Members use the unbiased research and proven systems to invest in properties in economically strong regions across the country. REIN™ does not sell or market real estate to its members or the general public, but instead conducts objective and unbiased research, analysis and investor education.
For more information please visit www.reincanada.com
To order a copy of the complete Top Ontario Investment Towns research report visit: www.ontariorein.com
About Don R. Campbell
Don R. Campbell is a Canadian-based real estate investor, researcher, author and educator. He is president of the Real Estate Investment Network™ (REIN™), and Cutting Edge Research Inc.
His seminars and real estate presentations have been attended by thousands of investors across North America. Don is the author of the national bestseller Real Estate Investing in Canada and 97 Tips for Canadian Real Estate Investors.
To book an interview with Don Campbell to discuss Toronto's real estate market and where it is heading, please contact Pat Cairns at 905 569-0002 or firstname.lastname@example.org