4. Surrey, B.C.
British Columbians are well aware that Surrey is a success story. The second largest city in B.C. has totally transformed its image from mere suburb to one of the fastest growing cities in Canada. In the next few years, it's forecast that Surrey will overtake Vancouver as the largest city in the province. It is an excellent investment region because of two border crossings to the U.S., infrastructure that includes links to five major highways, four railways, sea docks, a population boom and a strong rental market. As well, under the helm of mayor Dianne Watts, the city has dedicated itself to reducing crime and improving its overall image. The REIN report advises that investors look at neighbourhoods on a micro level, even looking at a street's characteristics before deciding to buy.
Have your say
Is it important to own a house?
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- 76 %1. Yes, owning a home is an investment that will pay off.
- 2. No, I'd rather save my money and rent.
- 3. No, I can't afford to buy a home.
- 4. I don't know.
John Aiken, Director, Global Research for Canadian Financials at Barclays discusses why he thinks Canadian housing prices are in for a 5% decline over ... More John Aiken, Director, Global Research for Canadian Financials at Barclays discusses why he thinks Canadian housing prices are in for a 5% decline over the next year.
Date 2 hrs ago, Duration 8:55, Views 82