Top Ten Towns and Cities to Invest in British Columbia

Real Estate Investment Network released the Top Ten B.C. Towns and Cities to invest in at the ACRE event three weeks ago. 

Based on the report, Surrey, the second largest city in B.C.and the fastest growing, has the diversity and strength required to lead the province in real estate investment potential.

Studying 36 economic and market factors, REIN identified B.C. real estate markets that are poised to outperform over the coming five year period. The detailed report also provides additional analysis that concludes where each market is in the real estate cycle and what to expect as the cycle continues.

Ranked in order of potential for housing market strength over the coming five year period:

1. Surrey

2. Abbotsford

3. New Westminster

4. Victoria

5. Kamloops

6. Kelowna

7. Chilliwack

8. The Tri-Cities of Coquitlam, Port Coquitlam and Port Moody

9. Burnaby

10. Vancouver

Receiving honorable mentions, in no particular order, are:

Fort St. John

Dawson Creek

The Township of Langley

Mission

Maple Ridge

While most think the Lower Mainland's housing market is priced 'out of this world', limited supply and increasing demand continue to drive this market. These areas provide opportunity for those who know the right investment strategies and tactics to use at the right time.