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  November 2006

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Housing Outlook Conference 2006 — Kitchener
November 16
Delta Kitchener
105 King Street East
Kitchener, Ontario

Topic: Housing Outlook

Audience: Builder / Renovator, Mortgage lender or broker, Planner, Realtor

The National Scene
Edward Heese, Senior Economist, CMHC
With interest rates near historic lows, strong job creation and high consumer confidence, new home construction in Canada has been propelled to levels not seen in over a decade. What will the economic environment look like over the next several years? Where are mortgage rates headed? What are Canada’s hottest housing markets and are some of these markets in danger of overheating? Answers to these questions and more will be discussed.

Demographic Influences on Housing Demand
Ted Tsiakopoulos, Regional Economist, CMHC
Ontario’s population is ageing and is at the mature phase of the homebuyer life cycle model. Ted Tsiakopoulos will discuss how Ontario’s population will age and the implications on housing demand. By tracking household consumption propensities historically, Ted will explain what this means for the future. A demographic profile of an ageing baby boom generation will be shared. The session will close highlighting opportunities/challenges for major stakeholders operating in the rental, ownership and retirement home markets.

Kitchener Housing Market Outlook
Erica McLerie, Market Analyst, CMHC
Erica McLerie will provide insights into the future direction of Kitchener’s Housing Market. Will 2007 be another strong year for Kitchener’s housing market or is a slowdown around the corner? Will prices continue to rise? Will urbanization affect the type of homes being built? Where will development take place? This session will tackle these questions by reviewing Kitchener’s economic and demographic factors and analyzing local market trends.

Kitchener Housing Industry Panel
A panel discussion of local industry professionals will discuss opportunities and key issues affecting a maturing Kitchener Housing Market; Hear their views on risk factors facing the housing industry, how stakeholders are planning for an ageing population, tighter land supply, intensification, urban revitalization and much more.

Register online now via the CMHC order Desk