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After attending a seminar featuring a representative from CMHC (Canadian Mortgage and Housing Corporation) I'll touch on some key points they talked about in regards to the current and future real estate market in London, Ontario.They project price increases of 4% in 2008 and 3% in 2009. (Which I consider very encouraging)___EmploymentFull time employment increased from 2000 to 2008. Unemployment 6-7% in the same time period, much lower then the stagnant 90's.Service sector is strong in London. These jobs pay well.The highest paying jobs in London come from the Public sector, Education, Manufacturing, and Construction. Out of these 4, manufacturing is
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