Prince George ranks No. 10 for Top B.C. Investment Towns by the Real Estate Investment Network (REIN).
The Top British Columbia Investment Towns 2011 report analyzes the current and future prospects for real estate investment opportunities in the province and identifies the top regions that will outperform in the coming decade.
The findings are based on extensive research, including analysis of the latest statistics, economic and social trends and on-the-ground reports from REIN's research staff and members, including organizations like Canadian Mortgage and Housing Corporation (CMHC), Statistics Canada, Mulitple Listing Service (MLS), Canadian Home Builders Association, city and regional real estate boards and local economic development offices.
The report looks at facts like:
Is the area's population growing faster than provincial average?
Are new infrastructures being built to handle that growth?
Is the area creating new jobs and taking steps to maintain current employment levels?
Will the town benefit from an economic or real estate ripple effect?
Has political leadership created an economic growth atmosphere?
Are there major transportation improvements in the works?
The top 11 cities listed in the report in order are Surrey, Maple Ridge and Pitt Meadows, Kamloops, Abbotsford, Fort St. John, Dawson Creek, Kelowna, Comox Valley, Penticton, Prince George and Vancouver.
The Real Estate Investment Network is Canada's leading real estate research organization founded in 1993. The network serves more than 3,000 member clients who own more than 26,000 properties valued at more than $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 conducts objective and unbiased research, analysis and investor education. For more information visit www.reincanada.com.
