Thursday, June 21, 2007

Long Term Looks Like Edmonton

The new LRT and proposed Bitumen upgraders in the northeast are two more solid reasons why Edmonton is the No. 1 city in Canada for long-term real estate investment.

Any improvment in transportation for renters will improve property values as commutes shorten. The Bitumen upgraders set to employ 4,000 labourers during construction will put the squeeze on an already tight housing market. Full Article

Don Campbell also put out his list of Alberta Top Ten Towns:

Alberta's top places for real estate investment

1. Edmonton

2. Grande Prairie

3. Calgary

4. Red Deer

5. Sturgeon & Strathcona

6. Lacombe

7. Sylvan Lake

8. High River

9. Devon

10. Fort McMurray

Source: Real Estate Investment Network

No comments: