Tag: London real estate
Ottawa asks: What would you do with this empty downtown London building?
Looking for a hot piece of real estate in the heart of downtown London? The federal government might just have what you need this fall.
London real estate: Are we becoming a buyer’s market?
Home prices are down and so is the number of sales amid higher interest rates. That much we all know about Londonâs housing market. But thereâs certainly more happening on the ground than that. Thatâs why Free Press reporter Jonathan Juha took a closer look at the latest housing market figures to dig up other […]
As interest rates rise, small-time landlords look to sell off homes
Higher interest rates that have kept first-time homebuyers from entering the local housing market have now started to force mom-and-pop investors in London to sell their properties as their mortgage costs go up.
What does $1M get you in London? A lot more house than it used to
Sales for homes priced at more than $1 million have nosedived in London, with 2024 shaping up to be the slowest year since this segment of the market peaked during the pandemic years.
Showpiece downtown London mansion damaged in fire hits market
Hit by a fire while being brought back to life, a piece of London’s real estate history â a heritage, Victorian-era mansion in the heart of downtown â is up for sale. The 2½-storey-residence at 496 Waterloo St., across the street from Central secondary school, has long been considered one of the core’s most remarkable […]
Analysis: How will interest rate cut affect London home sales?
If one interest rate cut didn’t spur activity in Londonâs housing market, two likely won’t move the needle much either, industry observers say. On Wednesday, the Bank of Canada cut its key lending rate for the second time this year, from 4.75 per cent to 4.5 per cent, as inflation has continued to ease. For […]
The LFP Podcast, ep. 178: Why more out-of-town homebuyers are shunning London
Rachel Gilbert spoke with Jonathan Juha, who looked into why London has lost some of its appeal for families looking for a place to live.
London-area home sales plunge despite interest rate cut
The Bank of Canadaâs decision to cut interest rates last month seemed to have had little effect on the local housing market, with home sales in June down about nine per cent from a year ago, new figures show.
The LFP Podcast, ep. 173: The reality facing first-time homebuyers (and their parents)
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London condos record Canada’s biggest year-over-year ‘benchmark’ price hike
Selling prices in London’s housing market are far from the red-hot levels they hit during the pandemic, but don’t tell that to would-be condo sellers and buyers.