Lethbridge is a top contender in Alberta real estate markets to invest in.
A new report released on October 23, 2017 ranks communities across the province for being the best markets for homebuyers and investors. The Top 10 Towns and Cities – Alberta lists can help buyers determine whether buying in a particular market right now is a good investment, and Lethbridge was in the top five.
The Real Estate Investment Network uses 36 factors when making the list, including economic and demographic analysis. The independent research firm has 25 years of experience in reporting on Canadian housing markets.
The top 10 list includes:
- Fort Saskatchewan
- Red Deer
- Medicine Hat
“There are interesting times ahead for Alberta as a province. However, within these interesting times, trends are beginning to emerge that are pointing to some regions of the province showing signs of stabilizing while others are slowly beginning to enter a growth curve. These regions are identified in this report.” says REIN’s Senior Analyst Don R. Campbell. “While these top ten continue to be in the technical slump phase of REIN’s Real Estate Cycle, this can be an optimal time for strategic and patient homebuyers and investors to begin to slowly enter the market again.”
With increases in mortgage rates and new mortgage rule changes coming into effect on January 1, 2018, there’s no better time to buy in Lethbridge than right now. Our team help find you the perfect home for your family.
Call José Rauda and Lisa Shaw today at (403) 329-8899 and see how our team will help you with your real estate endeavours.