Tag: London housing
London area home prices dip – slightly – as listings hit record high
The average resale price of a home in the London region dropped slightly in March, the first decline in months for a market that went on a tear to start the year, new figures released Wednesday show.
Can you spare $120? Charity asks citizens to donate licence-plate sticker fee
A London non-profit is asking you to put your $120 licence plate refund toward affordable housing. Habitat for Humanity is making the pitch to people across Southwestern Ontario to help build houses for low-income families. “The affordable housing crisis is upon us all,” said Sharon Brennan, who manages community partnerships for Habitat for Humanity Heartland […]
Lack of housing driving families, tax revenue outside city: London builders
London has lost residential building to communities outside the city in staggering numbers, driving worry the city has also lost cash and needs to act quickly. London building groups warned Thursday that property tax revenue is fleeing the city with home construction booming in communities outside London, says a report commissioned by the London Development […]
Builders can’t keep up with London-area’s population boom: census
The London area had the biggest drop among all metropolitan centres in Ontario in the number of homes per 1,000 people in the past five years, according to numbers from Statistics Canada.
Property manager denies tenants being evicted to raise rents
Sparks are flying over the eviction of tenants at a London housing complex where an advocacy group is fighting new owners it says are only interested in driving up rents. It’s late or missing rent payments and pest problems to blame, the property manager contends, with major efforts underway to clean and renovate the buildings […]
Ottawa gives $13M boost to east London affordable housing project
Seventy-two new east London affordable housing units will be ready to house vulnerable Londoners this summer, says the charity behind the project.
Average price of London-area home soars to $825,000
The average resale price of a home in the London area has risen by nearly $120,000 in the last three months, continuing an upward trend that increases to interest rates aren’t likely to slow soon, observers say.
As London runs low on sought-after land, nearby communities cash in
London is running short on land in the highly coveted north and west areas of the city, leading builders to go to neighbouring Middlesex Centre instead – robbing the city of big-bucks revenue, developers say. Land available for home construction in those areas of the city has shrunk to a three- to five-year supply and […]
New figures show how unaffordable rent has become for many in London
‘Now, somebody on a living wage can barely pay their rent’
Provincial planning rules could make city’s housing affordability worse: consultant
A long-awaited tool to require affordable housing in new developments is getting a cold reception from London’s building industry and a consultant hired to study the practice, at least under existing rules. City politicians voted Monday to recommend seeking special permission from Queen’s Park to use inclusionary zoning – requiring new residential buildings to set […]