Calgary and Edmonton displace Toronto and Vancouver as top real estate markets

CALGARY — Calgary and Edmonton have displaced Toronto and Vancouver as the top-ranked cities for overall real estate prospects, according to the Emerging Trends in Real Estate 2013 report released Tuesday.

The report, by PwC and the Urban Land Institute, said the Canadian real estate market is expected to remain steady with "modestly good" investment and development prospects across most property sectors for 2013, reflecting expectations of solid supply and demand.

Calgary was the top-ranked city in the country followed by Edmonton, Toronto, Vancouver and Ottawa.

In this year’s survey, Calgary ranked first in both investment and development prospects and second in homebuilding prospects.

 

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http://www.calgaryherald.com/business/Calgary+Edmonton+displace+Toronto+Vancouver+real+estate+markets/7504713/story.html#ixzz2BUyEs6p5

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Robert McIntyre

Robert McIntyre

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CENTURY 21 Bamber Realty Ltd.
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