REIN (Real Estate Investment Network): Calgary will lead the province in real estate growth


In an article on Jencor Mortgage's website, Calgary is named as the leading area in Canada for real estate activity.

According to the Real Estate Investment Network’s Top Alberta Investment Towns, Calgary will continue to lead the province in real estate growth over the next three to five years.

“Recording a GDP growth of 3 percent in 2011, and one of the lowest unemployment rates in the country, it’s no wonder Calgary is sitting as one of the top places in North America for property investors,” said the report. “When you combine the economic fundamentals, the population growth, and a burgeoning provincial economy, it is easy to see why so many businesses and people have come to call the city home.”

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