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immigrants: Immigration to fuel housing sales - 12/10/08 04:04 PM
Immigration will continue to be the key driver in ensuring Ontario's housing market remains buoyant, a Canada Mortgage and Housing Corp. conference heard.
"This is going to be important," CMHC senior market analyst Jason Mercer told the conference, held recently at the Metro Toronto Conference Centre. "The key issue we are looking at is population growth," Mercer added. "All these new households are going to need a place to live."Coupled with the high number of first-time homebuyers continuing to flood the market and downsizing baby boomers, all this activity will continue to fuel a "balanced market situation," he said.
Indeed, if … (0 comments)

 

Robert Morrow

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Blog by Hamilton Home Review's editor, Robert J. Morrow, a licensed Realtor with Chase Realty Inc., in Ancaster, ON, Canada.


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