Real Estate Hot Spots: Kitchener - Waterloo - Cambridge
So what's going on in the real estate market, I mean really going on? The most important thing to remember is that it is regional, so take with a grain of salt, all those national statistics that newspapers love to throw at us. They are not a true representation of what's really going on in your own backyard.
As far as where you should be investing, you should be looking at areas where the population and income levels are both on the rise. Government spending on infrastructure such as highways, light rail, subways and round-abouts are always a good indication of an upcoming hot spot. Among the highest in all of Ontario are Kitchener-Waterloo-Cambridge and Hamilton, according to Don R. Cambell from The Real Estate Investment Network of Canada. He was recently on the popular Canadian television show The Hour on CBC, hosted by George Stroumboulopoulos. Click on this link to see the full archived show: The Hour - March 18th, 2009
Posted by Szabolcs Pall
on April 10, 2009