Look No Further

When you look at Canada top cities property values for real estate investment market purposes you need look no further than Calgary, Alberta and surrounding area. Right now it is an investor's dream being part of the strong Alberta economy with an average of 100 new residents moving into the city each day and the youngest labour force in Canada.

According to Cutting Edge Research Inc., vacancy rates in Calgary are very low and unemployment is so low that is it becoming dangerous as there will be more jobs than people to fill them soon. This makes for the real estate property investment opportunities of a lifetime. Homes on the market were an average of $365,732 in August of 2006 making investment a little more difficult as a lot of capital is needed to purchase but well worth the trouble. This being said, the affordability is still good as the median family income is higher by about $4,500 than the provincial average meaning the prices may be high but are still affordable.

It is projected that over one third of all new Alberta jobs will be located in Calgary so to own an investment real estate property there will be a gold mine. Homes will be in great demand and while many will want to own their own homes, renting your real estate property would be a close second when homes are so hard to find. The real estate market in Calgary, Alberta is the place to own if you are looking for a solid, long term investment based on a strong economy with a bright future.

Rhonda Hoffman

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