I love living and working in Edmonton. Don Campbell, president of the Real Estate Investment Network (REIN) likes Edmonton too! REIN recently ranked Edmonton as the number three city for real estate investment in all of Canada! He likes Calgary too as that city is ranked first in the country! Normally I like the friendly competition between our two cities but in this case I’m delighted that Alberta’s two largest cities capture two spots in the top three positions in this list!
“Calgary is in a unique economic and geographic position to take advantage of the direct and indirect jobs this increase in demand will create,” says Campbell, who adds that with strong in-migration and renewed affordability, the city provides a good buying window for long-term investors.”
The top 10 cities are:
1. Calgary
2. Kitchener-Waterloo-Cambridge, Ont.
3. Edmonton
4. Surrey, B.C.
5. Maple Ridge & Pitt Meadows, B.C.
6. Hamilton, Ont.
7. St. Albert, Alta.
8. Barrie & Orillia, Ont.
9. Red Deer, Alta.
10. Winnipeg
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
