Category: Housing
New home prices in London drop, buyers gain clout: ‘Tight market’
Higher interest rates that created lacklustre demand and slowed home sales in London also appear to be forcing prices on new homes to drop, the latest market snapshot from Statistics Canada shows. According to the federal agencyâs latest new housing price index â representing changes over time in the selling price of new residential houses […]
No, Canada’s half-point interest rate cut won’t ignite London-area home sales
Wednesday’s supersized interest rate cut by the Bank of Canada may finally pull some buyers and sellers back into London’s housing market, but don’t expect the latest drop to heat it up much just yet, industry watchers say.
Politicians push for city-funded pest extermination at low-income homes
City politicians have given an initial OK to studying recommended steps from a local anti-poverty agency to tackle pest control and disrepair in London’s low-income rental units.
18 days: Critics fear major changes to London’s growth blueprint were rushed
Some see it as a sweeping, hurried change that would put London’s growth blueprint on steroids and change the fabric of city neighbourhoods.
London area housing starts triple in August, third best in province
The number of housing starts in the London area more than tripled in August compared to the same month last year, an indication economic conditions are on the upswing, both the mayor and an organization representing builders say. Construction began last month on 470 units in the London census metropolitan area (CMA), which includes St. […]