According to a recent news release from RE/MAX,
investor presence is growing in the residential housing market particularly in
British Columbia and Alberta.
One in six Canadians is set to buy an investment property in the next 12-24
months. Approximately 1200 homeowners were interviewed in December 2005 and the
report, based on results from the survey, showed that there is developing
interest in investment residential real estate with close to 30% of respondents
already owning one or more investment properties. In addition, 18% of
respondents indicated that more than 51% of their total investment portfolio was
represented by real estate.
Source: Windermere/Columbia Valley Living and Real Estate Guide;
Feb-Apr 2006;
www.invermerevalleyecho.com
