Tag: Bank of Canada
Conditional offers returning to lukewarm London housing market
Buyers in the London areaâs sluggish real estate market appear to be using their leverage to include âescape clausesâ in purchase offers, local realtors report.
Tighter immigration seen as ‘golden opportunity’ to get ahead of housing crisis
A population decline is expected during the next two years, following cuts by Ottawa to its immigration target.
Slight decline in London average asking rents in October
The average asking rent for London apartments declined slightly in October, a new market snapshot shows
London unemployment rate holds steady, even as more jobs created
The London area added 1,400 new jobs in October, the second straight month of employment gains for the region, Statistics Canada reported Friday. Despite the gains, which followed an abysmal summer in which London shed about 7,300 positions, the jobless rate for the region was unchanged from Septemberâs 6.4 per cent. Thatâs the result of […]
Grey-Bruce home sales surge for second straight month in October
Grey-Bruce home sales continue to show strength in line with recent interest rate cuts by the Bank of Canada. For the second straight month, home sales in the region were up sharply compared to the same month a year ago. According to the area’s real estate association, sales totalled 238 units in October, which was […]