Recently a study issued by the Grosvenor Group named Vancouver as the second most ‘resilient’ city in the world for real estate investment. Vancouver even trumped well known real estate meccas like London and New York. But what does this mean exactly?

When looking to invest in real estate, particularly for the long-term, there are many considerations and calculations, and in the end they are all to measure one thing: Risk.

From micro and macro assessments, Vancouver was deemed less risky according to how well our city would likely respond to adverse events such as employment shifts, population changes, our country’s economic state and even the effects of climate change.

Ryan Beechinor, Grosvenor America’s Chief Operating Office says they believe that Vancouver, a city with its eye on the future and a magnet for multiculturalism, is one of the world’s great investment opportunities. “It is a city with a proven record of forward-looking design, urban planning, sustainable growth, and good governance,” said Beechinor.

Perhaps not coincidentally, Vancouver’s second place spot was bookended by two other major Canadian cities – Toronto and Calgary.  Three Canadian cities taking the top three places as the best places on the planet to invest could be attributed a well-governed country, an overall positive economic health based on strong industries, and our access to resources such as water and energy.

Although every real estate investment – no matter where in the world – has no guarantees, it’s nice to know that a low-risk investment could be right in your own backyard.

To read Grosvenor’s complete report, visit www.grosvenor.com