Best Places for Property Investment in Canada

Canadian real estate sector is enjoying a flourishing period for some time since the housing market of major economies such as USA and Europe was hit hard in the past. Experts have nothing but positive news for investors in real estate who are looking forward to invest in real estate this year and beyond. Visit:-

Because of Canada’s vast geographical area as well as its vast geography, this Canadian real estate market has expanded over a wider area and that is the reason there are several smaller and larger properties in the country.

Due to this variety, there are some differences of the housing markets on a provincial basis and even though some areas are earning well some are not as well off. However , the overall performance for the real estate market in Canada remains steady despite the diversity and Canadian housing market continues to grow and expand each year. For those who are beginner or just looking to invest in new ventures to make money, you must avoid certain zones that aren’t performing and invest in areas that can bring you high returns. Below are a few high-performance zones and areas where you can invest in 2013 to ensure that your real estate investment is profitable.

Barrie, Ontario: The City of Barrie is located in Southern Ontario in the western shore of Lake Simcoe. The city is situated in the northern portion of the Greater Golden Horseshoe, Barrie is a densely populated and industrialized area of Ontario. The city is located close to Toronto and is also known to be one of the fastest growing cities within Canada. Other factors that influence the city are the increasing economy, the development of the industry and agriculture sectors and improved transportation. It also has a rise in employment opportunities. These factors are all in sync making the city a hot spot for real estate activity. Statistics suggest a huge increase of the city’s population during recent years. Additionally, increasing sales and prices of real estate property makes it an ideal investment property.

Surry, British Columbia: Surrey lies in the province of British Columbia and is the second-largest city by population, just behind Vancouver. Surrey is considered an emerging metropolis due to its international flavor and diverse culture. It is an important economic zone with improved transport, health care, education as well as recreational facilities. It is believed that Surry is home to more than 1000 new residents each month because of which there is a major demand for real estate properties for buyers.

Maple Ridge-Pitt Meadows British Columbia: Lying very close to Surry, Pitt Meadows and Maple Ridge are two individual cities on the coast of British Columbia. Pitt meadows are a flood plain lying in between the Maple Ridge in the east and Pitt River in the west. According to census data from 2011, Pitt Meadows has a population of approximately 17,700 while Maple Ridge has a population of 73,969. Both regions are experiencing major infrastructure and municipal changes that are accelerating the real estate market growth of the area. Also, huge numbers of residents have relocated to these cities which are what has led to the fact that the city’s real estate industry has witnessed some significant developments in the last few months.

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 its other major industries include oil manufacturing, cattle breeding and agriculture. It is an important center of retail and commercial activities for the majority of Central Alberta. With features like an improved means of transportation, lower operating costs, economic stability, low combined tax, etc. Red Deer acts as an popular destination for many. In turn, the prices of property in the region have inclined dramatically over the last couple of years and have become an extremely promising locations for real estate investment in Canada.

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