Tag: Rental market
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.
London’s short-term rental bylaw protects housing market: City official
London’s bylaw cracking down on short-term rentals protects the local housing market, city hall’s bylaw boss says, even as new figures suggest they take a minor toll on most communities.
Rent increases are slowing across Canada – and especially in London
Rents in London grew at a slower pace in July than they did across the country, which in turn posted its slowest growth in more than two years, the latest snapshot of the Canadian rental market shows. The average asking rent for all types of properties in the country was $2,201 in July, a year-over-year […]