The RealEdmonton Blog offers current news on the Edmonton real estate market, MLS® Edmonton, as well as tips and advice for buyers and sellers, and useful information to help you care for and maintain your real estate investment.
Canada’s Real Estate Investment Network (REIN), a real estate research, education and consulting organization recently released a report on the top 10 Alberta towns for investment. Edmonton and Calgary take the top two spots in the report, which analyzes the current and future prospects for real estate investment in the province. Alberta, with its rich natural resources and popular recreation opportunities, is a good destination for investment in Canada.
“Despite today’s continuing market turmoil, our research indicates that Alberta will prove to be the best real estate market in North America over the coming decade,” says report lead author Don Campbell, REIN president and author. “We’ve just come out of the Tiger Woods years of real estate investing in Edmonton, but this city has maintained its hold on the number-one spot on the top 10 list. While the years of skyrocketing prices may be over for now, Edmonton’s economic fundamentals are poised for greatness and continue to make this city our top pick for long-term real estate ownership and rental housing investment.”
Following Edmonton and Calgary in the list are Red Deer, St. Albert, and Grande Prairie for the top five. Tied at sixth are Lethbridge and Fort McMurray, with Airdrie in seventh and two more towns tied for eighth, Cochrane and Sylvan Lake. Airdrie is near Calgary and is one of the fastest growing communities in the province. Lethbridge, near the border with the US, is one of the few towns in Alberta without a heavy reliance on oil and gas production. The big draw for this town is the University of Lethbridge, a major research university.
New Comments to this post are disabled
About Jason Hafso
Jason started his Edmonton real estate career in 2002. By his second year in business, he earned the Sutton Director Award and has consistently received awards each year since. Prior to real estate, Jason spent over eight years in advertising, marketing and design, including developing and promoting popular corporate websites for Edmonton companies such as International Stereo, Sawmill Restaurants and Downhill Riders Ski & Travel. Jason brought his marketing knowledge and experience with him when he became a Realtor, and uses it to effectively market and sell his clients' homes in Edmonton. When it comes to selling homes, Jason combines tried-and-true traditional marketing, with unique, one-of-a-kind advertising you won't find anywhere else, to ensure your home gets maximum exposure in the marketplace. Call or email Jason today.