Investors Flock to Buy Calgary Real Estate
Posted by Kirby Cox on
Ontario & BC Buyers scooping up investment properties in Calgary.
The days of Alberta losing residents to other provinces are long gone. In the first quarter of 2023, the province saw a net increase of over 31,000 people from other parts of Canada, especially from the provinces of Ontario & BC.
However, people aren't just moving themselves and their loved ones to Alberta — a large percentage of them are moving their money. In the last few years, Calgary has seen a spike in out-of-province homebuyers scooping up investment properties they can rent out, with the motivating factor being comparatively affordable real estate.
Prices in Toronto, Vancouver and Victoria are completely out of reach, not just for homeowners but for investors as well.…
1057 Views, 0 Comments
