BC's No#1 city to invest in?

Surrey may be BC’s “second city” but it is the number one place to invest in the province, according to a new report.

It has topped a list of the 10 towns and cities with the best real estate potential.

Surrey’s proximity to major transportation and trade routes, a six per cent growth in businesses last year, and its relative affordability helped push it to the top of the list.

Don Campbell is a senior analyst with the Real Estate Investment Network, which prepared the report.

“So, we’re looking at population growth, job growth, we’re seeing transportation growth and densification. All of those factors are starting to play into Surrey being the outperformer in the whole region.”

He expects Surrey’s real estate market will outperform the rest of the province for the next five years.

“So, you’re starting to see that the demand for secondary suites, the demand for densification is really occurring as the population is growing both in births and in migration.”

Campbell points to a number of other attributes also working in Surrey’s favour.

“Demographics, economics, transportation, location, and, if you said this in any other province there would be laughter but, affordability.”

Second and third were Abbotsford and New Westminster, respectively.

The complete list, in order:

1. Surrey
2. Abbotsford
3. New Westminster
4. Victoria
5. Kamloops
6. Kelowna
7. Chilliwack
8. The Tri-Cities (Coquitlam, Port Coquitlam and Port Moody),
9. Burnaby
10. Vancouver

 

Surrey 也许是BC省的所谓”第二城市“,但却是新出炉最具投资潜力城市报告上,省内排名第一的城市.

Surrey有便利的交通和道路,去年有6%的商业增长率,它的房屋可负担率也让它变得瞩目。

资深投资分析顾问Don Campbell说:当我们分析一下人口增长,工作增加,以及其他方面,我们不难看出Surrey是一支独秀.,他预期Surrey的地产在今后的五年里会有卓越的表现。

 

排名如下:

1. Surrey
2. Abbotsford
3. New Westminster
4. Victoria
5. Kamloops
6. Kelowna
7. Chilliwack
8. The Tri-Cities (Coquitlam, Port Coquitlam and Port Moody),
9. Burnaby
10. Vancouver

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