London’s apartment vacancy rate jumped to its highest level in eight years in 2020, as new units hit the market and demand decreased amid the … Read More
‘All-time Low’ In Available Homes Fuels London Real-estate Frenzy: Realtor
The COVID-19 pandemic has done nothing to cool the “frenzy” in London’s housing market. Realtors sold a record 596 homes and low inventory coupled with … Read More
Home Sales Slowed In October But Average Price Up 15% In Past Year, CREA Says
Busiest October ever for home sales The average price of a Canadian resale home has risen by more than 15 per cent in the year … Read More
London Construction Off By $360M In Fallout Of Pandemic Lockdown
The COVID-19 pandemic has taken a $360-million bite out of construction in London so far this year, just-released city construction figures show. City hall issued … Read More
ANALYSIS: GTA Exodus Helps Drive Population Boom In London, Canada’s Second-Hottest Region
The London area, long knocked for its slow population growth, is now second among Canada’s fastest-growing areas, newly released statistics show. The London census metropolitan … Read More
Luxury Housing Proposal For Lambeth Reflects Balancing Act In Booming Southwest London
Veteran developer Bernie Bierbaum knows his plan for a piece of property in booming southwest London doesn’t fit the traditional pattern of building more lots … Read More
Homes: ‘Very Strong’ 2019 Sees London-Area Home Sales Top 10K
London-region realtors sold more than 10,000 homes in 2019, the third-best year on record, an industry umbrella group says. After record sales in October and … Read More
Developers Back Affordable Housing Incentives, Despite Doubts About Use
An organization representing London’s development community is backing a new program that would grant interest-free loans to affordable housing builders and those creating granny suites … Read More
London Real Estate Will Remain Seller’s Market In 2020, Re/Max Predicts
London real estate has been a seller’s market for three years and will remain one in 2020, according to Re/Max’s annual outlook. After a 2019 … Read More
Real Estate Sales Stay Hot Despite Lack Of Homes On Market: New Figures
A jump in home prices due to a low inventory did little to deter homebuyers in September, the London area’s real estate association says. In … Read More