But don’t expect return of ‘Tiger Woods’ days

(Source: Edmonton Journal)

When it comes to the housing market, E-town still rules.

That’s the word from Don Campbell, president of Canada’s Real Estate Investment Network.

The popular author, consultant and public speaker says Edmonton remains the best place on the continent to invest in residential real estate. It’s a claim he first made last August, shortly after oil prices peaked at$147 US a barrel, and Alberta was rolling in energy riches.

Despite a sharp drop-off in oil and gas prices since, and a big slowdown in new oilsands projects, Campbell hasn’t flinched. He insists Edmonton will emerge from the recession stronger than ever.

“According to our research, Edmonton is still the No. 1 place for long-term investing in real estate in North America, absolutely,” says Campbell.

Read Gary Lamphier’s full article “Alberta remains best place for real estate investors” in the Edmonton Journal (June 30, 2009).

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