Recently REIN (the Real Estate Investment Network) released their annual report of the ‘Top British Columbia Investment Towns’ and Surrey was awarded the top spot for the fourth year in a row!
REIN looked at factors such as location, population, income, housing market trends, economics, infrastructure and political leadership to rank cities. When you consider the massive amount of investment in new infrastructure in Surrey, new services available, lower corporate tax rates and the city’s central location it relation to other areas in Metro Vancouver, Surrey’s number one status should not be a surprise. Surrey is one of the more affordable areas to purchase a home in Metro Vancouver, despite the many positive things this culturally rich city has to offer; which makes homes essentially undervalued and therefore a phenomenal investment opportunity.
To view the article written by The City of Surrey or the 2013 REIN report click here.