B.C. Real Estate: Best Cities To Invest In
Surrey tops a list of B.C.'s best cities for real estate investment for the fourth year in a row, but two new cities cracked the top 10 because of better commutes.
Surrey's No. 1 spot on the Real Estate Investment Network (REIN) list was no shock with the city's continued population explosion, transportation network, "forward-thinking political leadership and its pockets of affordable housing," said the report. The city is expected to grow by 250,000 people over the next three years.
The surprises came with Chilliwack and Langley, which debuted in the eighth and 10th spots respectively.
"The big thing that impacts the list is the transportation improvements, so the Port Mann Bridge, the Golden Ears Bridge, the extra lanes on Highway 1 are bringing communities like Langley and Chilliwack 'closer' to places of employment such as Surrey, Coquitlam, and Vancouver," Melanie Reuter, REIN's director of research, told The Huffington Post B.C.
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