Record high investor interest in Edmonton has led to 5000 new rental units being added in the city. The strong economy is due to Alberta's energy sector that is bringing in investors, businesses and job seekers. The strong long-term economic forecast makes Alberta a safe and excellent province to invest in the real estate market.
Edmonton recorded a low vacancy rate in the last quarter of 2013 with a 35% increase in year-over-year sales on existing apartments compared to 2012. If you're not too sure where to start in your investment on Alberta, the city of Edmonton or even surrounding communities, like St. Albert in our very own Sage Gardens, will make for excellent investment opportunities.
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