AIRDRIE'S HOUSING MARKET - ON TOP
-Airdrie Alberta Canada-
For the first time, Airdrie cracked the Top Ten Towns in Alberta, ranking seventh by the Real Estate Investment Network (REIN). The ranking is based on long-term investment potential, and compares factors ranging from growth and employment base, to the cost of labour and materials.
Don R. Campbell president of REIN said, "For current Homeowners, the report shows they can expect for the next five years for Airdrie to be outperforming most of the rest of the province." For investors, they're going to see Investments to be less volatile than in other regions of Alberta. 
This is confirmation of something people in Airdrie have known for a long time and it is surprising that Airdrie didn't hit the Top Ten sooner.
Meanwhile, Airdrie's building market shows signs of catching it's breath after several years of frantic growth. This doesn't mean Airdrie's housing market is entering a time of doom and gloom.
The city of Airdrie reports that permits for renovations and basement developments are really busy, which may result in a record year for renovations.
Bill
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