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London, Ontario's premier business publication

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Real Estate

industrial

Industrial demand outstripping supply

A new Re/Max commercial report sees ongoing supply shortages for the city’s industrial property sector

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home sales

Signs of softening

London-area home sales cool in March as the average transaction price in the city dips to just above $800,000

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housing

Housing supply in the crosshairs

A new report warns that the city isn’t developing enough housing within its borders ― and that it may put stress on London’s municipal tax base

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foreign homebuyer tax

“A political ploy”

Changes to foreign homebuyer tax unlikely to make a dent in home prices, local real estate expert says

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CBRE

A tale of opposing trends

A CBRE Q1 2022 report highlights a continuation of the widening and distinct impact of the pandemic on London’s industrial and office sectors

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home price

Average home price hits $825k

More than 800 homes changed hands in the London region in February, LSTAR reports, with the average home price climbing to over $825,000

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LSTAR

Picking up where we left off

More than 525 homes changed hands in the London region in January, LSTAR reports, with the average price surging yet again

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rental

Ranking London rental rates

Residential rental rates continue to climb in the city but still deliver value compared to other Canadian centres

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home prices

No end in sight for rising home prices

Region’s average resale price tops $700,000 in December, and though tempered, home prices are expected to climb further in 2022

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farhi

Farhi acquires Greyhound terminal

Farhi Holdings Corp. has purchased the former Greyhound bus terminal

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home

Home inventory hits record low

Supply continues to overshadow all else in the region’s home resale market, with only two weeks of inventory on the market

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real estate

Prices, supply, prices, supply

More of the same for the London’s residential real estate market, as high prices and low inventory persist

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Copyright © 2023 London Inc Magazine and Treetown Media Group Inc. All rights reserved. 

Copyright © 2023 London Inc Magazine and Treetown Media Group Inc. All rights reserved.
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