Best Places for Property Investment in Canada
Canadian real estate sector has been enjoying a prosperous ride for quite some time now when the housing market of major economies like USA and Europe experienced some severe blows in the recent past.
Experts have nothing but good news for real estate investors who are looking forward to invest in real estate in 2013 as well.
Because of Canada's vast geography, the Canadian real estate market is extended over a larger area which is why there are not one but many small and big property zones within the country.
Because of this diversity there are some differences of the housing markets on a provincial basis and while in some zones are earning well some are lacking behind a little.
However the overall performance of the real estate in Canada remains unaffected even after the diversity and Canadian housing market continues to grow and expand each year.
Now if you are a first time investor or interested in making new investments in a successful manner you must avoid certain low performing zones and invest in areas that can provide you high yield.
Given below are some specific high performing zones and geographical sectors where you can invest in 2013 and make your real estate investment a successful endeavor.
Barrie, Ontario: The City of Barrie is located in Southern Ontario in the western shore of Lake Simcoe.
Lying within the northern part of the Greater Golden Horseshoe, Barrie is a densely populated and the most industrialized zone of Ontario.
The city is located close to Toronto and is also regarded as one of the fastest growing cities in Canada.
Other influential aspects of the city include a growing economy, advancing industrial and agricultural sector, improved transportation, increasing employment opportunities.
All these factors align together and make the city a hot zone for real estate activity.
Demographics suggest a major boom in the city's population in the past few years and increasing sales and prices of real estate property make it ideal for property investment.
Surry, British Columbia: Surrey lies in the province of British Columbia and is the second largest city in terms of population after Vancouver.
Surrey is considered an emerging metropolis because of its international flavor and cultural diversity.
The city is a major economic zone with improved transport, health care, education, and recreational facilities.
It is estimated that Surry attracts over 1000 new residents every month as a result of which there is a major demand for real estate property among buyers.
Maple Ridge-Pitt Meadows, British Columbia: Lying very close to Surry, Pitt Meadows and Maple Ridge are two individual cities located in British Columbia.
Pitt meadows are a flood plain lying in between the Maple Ridge in the east and Pitt River in the west.
As of 2011 demographic records, Pitt Meadows has a population of about 17,700 and Maple Ridge has a population of 73,969.
Both the regions are currently undergoing some major municipal and infrastructural changes which have catapulted the property market growth of the area.
Additionally, large volumes of people have migrated to these cities which are why the city's real estate sector has experienced some major developments lately.
Red Deer, Alberta: Red Deer is located in Central Albert and is surrounded by the Red Deer County.
Red Deer is a major hub for petrochemical production and it is also known for oil production, cattle farming, and agriculture.
The city acts as a major center for commercial and retail activity for a majority of Central Alberta.
With aspects like enhanced mode of transportation, low operating costs, economic stability, low combined tax, etc.
Red Deer acts as an attractive zone for many.
As a result property prices in the region have inclined considerably in the past few years and are at present one of the most promising locations for real estate investment in Canada.
Read more information; click here: http://www.
michaellombardifinancialpredictions.
com/
Experts have nothing but good news for real estate investors who are looking forward to invest in real estate in 2013 as well.
Because of Canada's vast geography, the Canadian real estate market is extended over a larger area which is why there are not one but many small and big property zones within the country.
Because of this diversity there are some differences of the housing markets on a provincial basis and while in some zones are earning well some are lacking behind a little.
However the overall performance of the real estate in Canada remains unaffected even after the diversity and Canadian housing market continues to grow and expand each year.
Now if you are a first time investor or interested in making new investments in a successful manner you must avoid certain low performing zones and invest in areas that can provide you high yield.
Given below are some specific high performing zones and geographical sectors where you can invest in 2013 and make your real estate investment a successful endeavor.
Barrie, Ontario: The City of Barrie is located in Southern Ontario in the western shore of Lake Simcoe.
Lying within the northern part of the Greater Golden Horseshoe, Barrie is a densely populated and the most industrialized zone of Ontario.
The city is located close to Toronto and is also regarded as one of the fastest growing cities in Canada.
Other influential aspects of the city include a growing economy, advancing industrial and agricultural sector, improved transportation, increasing employment opportunities.
All these factors align together and make the city a hot zone for real estate activity.
Demographics suggest a major boom in the city's population in the past few years and increasing sales and prices of real estate property make it ideal for property investment.
Surry, British Columbia: Surrey lies in the province of British Columbia and is the second largest city in terms of population after Vancouver.
Surrey is considered an emerging metropolis because of its international flavor and cultural diversity.
The city is a major economic zone with improved transport, health care, education, and recreational facilities.
It is estimated that Surry attracts over 1000 new residents every month as a result of which there is a major demand for real estate property among buyers.
Maple Ridge-Pitt Meadows, British Columbia: Lying very close to Surry, Pitt Meadows and Maple Ridge are two individual cities located in British Columbia.
Pitt meadows are a flood plain lying in between the Maple Ridge in the east and Pitt River in the west.
As of 2011 demographic records, Pitt Meadows has a population of about 17,700 and Maple Ridge has a population of 73,969.
Both the regions are currently undergoing some major municipal and infrastructural changes which have catapulted the property market growth of the area.
Additionally, large volumes of people have migrated to these cities which are why the city's real estate sector has experienced some major developments lately.
Red Deer, Alberta: Red Deer is located in Central Albert and is surrounded by the Red Deer County.
Red Deer is a major hub for petrochemical production and it is also known for oil production, cattle farming, and agriculture.
The city acts as a major center for commercial and retail activity for a majority of Central Alberta.
With aspects like enhanced mode of transportation, low operating costs, economic stability, low combined tax, etc.
Red Deer acts as an attractive zone for many.
As a result property prices in the region have inclined considerably in the past few years and are at present one of the most promising locations for real estate investment in Canada.
Read more information; click here: http://www.
michaellombardifinancialpredictions.
com/