LANGLEY, BC, Oct. 13, 2015 /CNW/ - The Real Estate Investment Network (REIN) has compiled research on the impact that new arenas, such as Rogers Arena in the new "Ice District" in Edmonton, will have on real estate values. The results will be shared at this weekend's upcoming Real Estate Investing forum being held October 16th – 18th at the Northlands Expo Center (7300 116 Ave NW). The 28 page report examines the positive and negative ripple effects that professional sports facilities have on real estate values, even when controlling for general house price inflation and/or transportation improvements. The purpose of this report is to educate anyone purchasing a home or investment property to maximize their return by clearly outlining how any existing, new, or proposed arena project will potentially affect the price.
The findings of the research clearly support the following:
About The Real Estate Investment Network Ltd.
Founded in 1993, The Real Estate Investment Network Ltd. (REIN) has grown over the years to become Canada's leading real estate research and education organization for investors and homeowners across North America. REIN does not sell or market real estate to its members or the general public, but instead conducts objective and unbiased research, analysis and investor education. For further information on REIN, visit www.reincanada.com.
SOURCE The Real Estate Investment Network Ltd.
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For an interview with REIN's Senior Analyst, Don R. Campbell, please contact: 1-888-824-7346, [email protected]
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