Surrey and Maple Ridge make the list of top places to invest in Canada
June 10, 2010 City of Maple Ridge
National Independent Real Estate Research Company Releases for the First Time the Best Canadian Cities for Real Estate Investment. The research analyzes current and future prospects for real estate investment opportunities and names the best 11 cities; cities that will outperform the rest in the coming decade.
The Top Canadian Investment Cities are:
1. Calgary, AB
2. Kitchener-Waterloo-Cambridge, ON
3. Edmonton, AB
4. Surrey, BC
5. Maple Ridge, BC
6. Hamilton, ON
7. St. Albert, AB
8. Simcoe Shores (Barrie-Orillia), ON
9. Red Deer, AB
10. Winnipeg, MB
11. Saskatoon, SK
"Despite today's continuing market turmoil, our research indicates that there are more buying opportunities now than in the last few years, meaning more investment options and better yields," said report lead author Don R. Campbell, REIN President and author of the best-selling books Real Estate Investing in Canada and 97 Tips for Real Estate Investing.
"With today's mixed market signals it is critical that investors and home-buyers complete that extra level of due diligence. Now we get back to market reality where economic fundamentals, not
speculation, will once again play the key role in whether a property increases or drops in value. The years of skyrocketing prices are finally over; however, over the long term the economic fundamentals of these key cities will help their property values dramatically outperform other regions across the country."
Foreign investors know that Canadian Real Estate is a safe place for their money. "The Canadian real estate market is seen by foreign investors as a safe place to put money. Our conservative lending practices have shielded us from economic crises experienced elsewhere and compared to properties in other countries, even Vancouver and Toronto seem like bargains!"
Don R. Campbell will be presenting the complete findings of this research at the Red Robinson Theatre at 8:30AM on Saturday, June 12 as part of the Real Estate Investment Network's ACRE Workshop. For more information on this event, email info@reincanada.com