Price Waterhouse Cooper just released their 32nd annual Emerging Trends in Real Estate ® 2011 report, it is one of the most highly regarded annual industry forecast reports for the real estate and land use industry. In the report they say:
Toronto and Vancouver remain two of North America’s most favoured investment gateways
Toronto ejected Vancouver from the top ranking in the Emerging Trends report. Toronto’s metropolitan area stands as the critical economic engine with Bay Street’s impenetrable financial sector and diverse manufacturing industries along with immigration flows supporting growth and intensifying tenant demand. However, some interviewees worry about flattening apartment rents as more condo investors lease out units.
Download the pdf of the full report here http://bit.ly/9vtMx5