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  November 2006

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Housing Outlook Conference 2006 — London
November 14
Best Western Lamplighter Hotel
591 Wellington Road South
London, ON

Topic: Housing Outlook

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

The National Scene
Brent Weimer, 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.

London, St. Thomas and area Housing Market Outlook
Penny Wu, Market Analyst, CMHC
London’s population is ageing at a faster pace then the rest of Ontario. How are operators in the retirement home and luxury condominium market responding to these emerging trends? What will this mean for the distribution of housing activity by home type and geography across the London metro area? Penny Wu will look at local economic and demographic indicators and provide direction to some of these critical questions as she addresses London’s housing outlook.

London Housing Industry Panel
A panel discussion of local industry professionals will discuss opportunities and key issues affecting a maturing London 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