Heddle Real Estate - Royal LePage State Realty Brokerage

By Mike Heddle
Posted Friday, Sep 08, 2017 2:57 pm

Many Millennials worry they won't be able to afford a home.

A new study by Royal LePage has indicated that peak Millennials will continue to shape the future of Canadian (Hamilton) Real Estate, despite government constraints of affordability and mortgage regulations ... As quoted by Royal LePage CEO Phil Soper "Whether they choose to buy or rent, peak millennials will inevitably shape the housing market due to their sheer volume". In August of 2016, Millennials surpassed baby-boomers as the largest demographic in Hamilton. As the Royal LePage survey identifies, peak Millennials have a strong desire to get into homeownership and that trend will continue through 2021 and beyond. As a result, all signs continue to point to a strong Hamilton housing market based on underlying economic driving forces...Increasing buyer DEMAND within our local housing market. CHCH reporter Elizabeth Hall chatted with Mike about the Hamilton housing market and how it affects Millennials ... [Click Here]

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Heddle Real Estate is an award-winning real estate team serving Hamilton, Ancaster, Stoney Creek, and the greater Niagara region with trusted expertise and a client-first approach.