Tag: London housing
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 […]