Tag: Interest rates
Cha-ching? London housing starts near target to unlock big funding bonus
London is looking like it will meet its provincially set annual housing target for 2024, meaning city hall will have access to some significant cash. LFP’s Jack Moulton breaks down where London sits and why it has stepped out ahead of other cities. HOW IS LONDON DOING ON ITS TARGET? Ontario has committed to building […]
Interest rates, Donald Trump and London’s 2025 housing market outlook
London’s housing market ended 2024 on a positive note, bolstered by a strong fall that helped the region reach 8,000 homes sold for the first time in three years. All signs pointed to an even stronger 2025 amid lower interest rates and new mortgage rules meant to help first-time buyers. But clouds are now on […]
EVs Take 23.4% Share In Germany – Disappointing Year For EV Transition
December saw plugin EVs take 23.4% share in Germany, down from 30.0% share YoY. BEV volume was sharply down YoY in a hold-back ahead of tighter 2025 emissions regulations. Overall auto volume was 224,721 units, down 7% YoY. The bestselling BEV in December was the Tesla Model Y. The December … [continued]
The post EVs Take 23.4% Share In Germany – Disappointing Year For EV Transition appeared first on CleanTechnica.
What caused London’s jobless rate to jump significantly to 7%?
London’s labour market ended 2024 with mixed results, adding about 400 new jobs while its jobless rate jumped to seven per cent in December, Statistics Canada reported Friday. It’s a level of unemployment that, excluding the COVID-19 pandemic years, has not been seen in the region since August 2016, when the unemployment rate sat at […]
EVs At 29.6% Share In France — Renault 5 Poised For The Lead?
December’s auto market saw plugin EVs at 29.6% share in France, down from 30.1% year on year. BEVs lost volume YoY, in a hold-back ahead of tougher emissions requirements in 2025. PHEVs and plugless HEVs both saw YoY growth. Overall auto volume was 183,661 units, up 1.5% YoY. The Tesla … [continued]
The post EVs At 29.6% Share In France — Renault 5 Poised For The Lead? appeared first on CleanTechnica.
More Londoners falling behind on mortgage payments: CMHC
The number of Londoners behind on mortgage payments has tripled during the past two years, reaching rates not seen since 2017.
EVs Take 40.0% Share In The UK — ZEV Credits Changing Hands
December’s auto market saw plugin EVs take 40.0% share in the UK, up from 28.7% year on year. BEVs grew strongly to meet the 2024 ZEV mandate before the year closed out. Overall auto volume was 140,786 units, flat YoY and well below pre-2020 norms. The UK’s leading BEV brand … [continued]
The post EVs Take 40.0% Share In The UK — ZEV Credits Changing Hands appeared first on CleanTechnica.
EVs Take 62.8% Share in Sweden — 2024 a Year to Forget
December saw plugin EVs take 62.8% share in Sweden, down slightly from 63.1% in December 2023. BEV share increased year over year (YoY), but was outweighed by falling PHEV share. Overall auto volume was 26,237 units, down by 10% YoY. The Tesla Model Y remained the best selling BEV, for … [continued]
The post EVs Take 62.8% Share in Sweden — 2024 a Year to Forget appeared first on CleanTechnica.
EVs Take 89.9% Share In Norway – But HEVs Now Outperform PHEVs
The December auto market saw plugin EVs take 89.8% share in Norway, up from 89.6% year on year. BEVs saw a slight dip in share compared to recent months, due to an end-of-year clearout of other powertrains, and a pull-forward ahead of coming tax changes. Overall auto volume was 13,652 … [continued]
The post EVs Take 89.9% Share In Norway – But HEVs Now Outperform PHEVs appeared first on CleanTechnica.
Here’s why London-area home sales hit three-year high in 2024
A stronger second half of the year, spurred by dropping interest rates, helped boost London’s housing market.