Table of Contents

Episode 149

Listen On: Apple Podcasts | Spotify

Best Real Estate Markets in Canada for 2025: Where to Invest Now

This week on VCREP, Cory sits down with Peter Mitham, Editor of Western Investor, to spotlight five promising Canadian real estate markets that investors should have on their radar.

With decades of experience covering commercial real estate, economic trends, and business insights, Peter shares his expert analysis on key markets across the country and what makes each one worth watching.

This episode is packed with valuable takeaways for anyone in commercial real estate. Tune in!

Unlock Real-Time BC Real Estate Data. Access SOLD PRICES and In-Depth Market Insights Now!

Guest Information

Peter Mitham

Peter Mitham is an Editor at Western Investor. Peter has a long history with the Western Investor team and has covered commercial real estate, economic and business topics for decades

Episode Summary

The Best Real Estate Markets in Canada for 2025

The real estate landscape across Western Canada continues to evolve, presenting new opportunities for investors and developers. Based on insights from Western Investor’s latest market analysis, here are five key markets poised for growth in 2025.

Where to Buy Real Estate in 2025: Top Markets for Investors and Homebuyers

1. Nanaimo, British Columbia

  • Why It’s a Market to Watch: Nanaimo is emerging as a prime investment destination on Vancouver Island, driven by several key factors.
  • Investment Potential: Record-breaking building permit values in both commercial and residential sectors, combined with a growing population and strong demand for multi-family properties, make it one of the best real estate markets 2025.
  • Rental Demand: Increased interest from Victoria and mainland BC migrants is driving up rental prices and demand.
Stay Ahead in BC's Real Estate Game – Subscribe to Our Live Wire Newsletter Today!

2. Chilliwack, British Columbia

  • Why It’s a Market to Watch: The Eastern Fraser Valley’s hub is experiencing remarkable transformation, with major developments reshaping the city.
  • Investment Potential: Industrial growth, downtown revitalization projects, and corporate investments position Chilliwack as one of the top places to invest in real estate 2025.
  • Rental Demand: Competitive pricing compared to Metro Vancouver continues to attract new residents and renters.

3. Edmonton, Alberta

  • Why It’s a Market to Watch: While Calgary often captures attention, Edmonton is quietly becoming a commercial real estate hotspot.
  • Investment Potential: Strong multi-family investment activity, decreasing office vacancy rates, and ambitious downtown redevelopment projects make it a strong choice for investors considering where to buy real estate in 2025.
  • Rental Demand: Robust industrial growth and increasing population support long-term rental demand.

4. Saskatoon, Saskatchewan

  • Why It’s a Market to Watch: Saskatchewan’s largest city is growing rapidly, with a strong economic base fueling development.
  • Investment Potential: The expanding potash industry, a thriving agricultural sector, and the presence of the University of Saskatchewan make Saskatoon a key real estate market to watch.
  • Rental Demand: A growing population and economic expansion are leading to increased demand for housing.
Stay Ahead in BC's Real Estate Game – Subscribe to Our Live Wire Newsletter Today!

5. RM of Rosser, Manitoba

  • Why It’s a Market to Watch: This strategic municipality benefits from Winnipeg’s expansion and industrial growth.
  • Investment Potential: With the presence of CentrePort Canada, industrial development is driving demand for commercial and residential real estate.
  • Rental Demand: The logistics and distribution sector continues to expand, increasing the need for housing near employment hubs.

Top Places to Invest in Real Estate 2025: Key Market Trends

1. Affordability vs. Growth Potential

Markets like Nanaimo and Chilliwack provide strong appreciation potential while remaining more affordable than Metro Vancouver.

2. Impact of Interest Rates

As interest rates fluctuate, investors should focus on markets with strong economic drivers and resilient property values.

3. Rental Market Strength

Edmonton and Saskatoon continue to see increasing rental demand, ensuring stable cash flow opportunities.

4. Economic Diversification Driving Demand

Emerging industries and infrastructure investments are boosting real estate activity in mid-sized cities and suburban areas.

Stay Ahead in BC's Real Estate Game – Subscribe to Our Live Wire Newsletter Today!

Where Should You Invest in 2025?

The best real estate markets in 2025 offer diverse opportunities across commercial and residential sectors. Investors should evaluate local economic conditions, rental trends, and development activity before making decisions.

For those looking to transact in real estate, working with industry experts ensures strategic investment planning. Targeting high-growth areas with strong economic fundamentals will help maximize returns.

Stay Ahead in BC's Real Estate Game – Subscribe to Our Live Wire Newsletter Today!

Episode Host

Cory Wright

cory@williamwright.ca

Cory is the founder and Managing Broker of William Wright Commercial. Since its inception in 2013, he has successfully closed over $500,000,000 in commercial investment properties ranging from large-scale open-air shopping centers to highly desirable Vancouver development sites and everything in between.

Sponsor