Tag: London housing
When it comes to housing, one concern outstrips all others among Londoners
Two local builder groups are promising to develop “made-in-London” solutions to the housing crisis after commissioning an online survey that suggests housing affordability is the top concern among Londoners. Housing affordability is somewhat or very important to 84 per cent of the 600 adult Londoners surveyed at the end of March for their opinion on […]
New census data shows clear shift in where, and how, Londoners live
‘Developers and builders are in business, and they meet demand that the market is providing’
Average home price in London expected to hit $900K by year end
The average resale price of homes in London could reach $900,000 by the end of the year, even with prices expected to grow at a slower pace than the national average, a new forecast suggests. Industry giant Royal Lepage is projecting average selling prices in Canada will rise another 15 per cent by the last […]
Interest rates unlikely to slow London-area home sales: Experts
The Bank of Canada’s move to hike its interest rate may help control runaway home prices in the London region, but it won’t do much to increase affordability or help first-time homebuyers enter the market, observers say.
Builders urge city to tap federal budget billions to speed home construction
London builders will push the city to tap into a $4-billion federal fund to speed new home construction. The London Development Institute (LDI) and London Home Builders’ Association (LHBA) threw their support Friday behind the recent federal budget, calling it “a genuine effort” to increase housing supply, support new home buyers and make housing more […]