Canada
Prince George
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The table below shows the rental housing market in the City. It is not difficult to see that the demand for rental housing in Prince George is slowly increasing with a stable percentage of around 3% per year. This also implies that in the City of Prince George, the land availability is gradually reducing, eventually leading to an increase in land price.
Kamloops
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Similar to Prince George, the rental market in Kamloops is growing in a steady percentage of around 3% per year over the past 4 years. As the vacant land in Kamloops are becoming scarce, this trend is expected to maintain in the future in the Southern part of BC.
Western Australia
Geraldton​
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We believe that Geraldton is the next city to be developed in Western Australia, especially when Perth is getting higher population density and cost of living.