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Hamilton housing market to remain steady in 2013
The downtown and east end will be the hottest spots of a steady Hamilton housing market next year, according to an economist from the Canada Mortgage and Housing Corporation (CMHC).
`Overall, the Hamilton market will be healthy,` said Abdul Kargbo, a senior market analyst for the CMHC, speaking on Tuesday in front of a group of about 300 real-estate industury stakeholders at Burlington's Royal Botanical Gardens.
He said first-time home buyers between the ages of 24 and 44, as well as migrants from Toronto, will help sustain demand for housing in the Hamilton Census Metropolitan Area (HCMA), which contains Hamilton, Burlington and Grimsby.
`These are the people who'll be driving the recovery into next year,` he said.
Read the full article here.
The downtown and east end will be the hottest spots of a steady Hamilton housing market next year, according to an economist from the Canada Mortgage and Housing Corporation (CMHC).
`Overall, the Hamilton market will be healthy,` said Abdul Kargbo, a senior market analyst for the CMHC, speaking on Tuesday in front of a group of about 300 real-estate industury stakeholders at Burlington's Royal Botanical Gardens.
He said first-time home buyers between the ages of 24 and 44, as well as migrants from Toronto, will help sustain demand for housing in the Hamilton Census Metropolitan Area (HCMA), which contains Hamilton, Burlington and Grimsby.
`These are the people who'll be driving the recovery into next year,` he said.
Read the full article here.