“Calgary and Edmonton are now the top cities for real estate investment, according to a new report from PwC and the Urban Land Institute, which says the two Alberta cities have displaced Toronto and Vancouver for 2013.

Investors will favour apartment and office buildings next year while developers will focus on the retail market but overall the report says mediocre will be the new measure of what defines a good market.

The report, which reflects the views of over 900 individuals throughout Canada, the United States and Latin America, says ‘compared to everyone else Canada will do very well’ which seems to be the theme across the country.” (Financial Post: November 6, 2012).

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http://business.financialpost.com/2012/11/06/calgary-edmonton-real-estate-investment-to-top-toronto-vancouver-report/?__lsa=4bcb17c0

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