Already considered the main culprit behind this year’s sluggish housing market, the Canada-U.S. trade war is expected to continue to dampen home sales into early 2026, after Prime Minister Mark Carney said a deal between the two countries is unlikely in the short term. Speaking from Ottawa recently, Carney said
The drop was larger than expected given current prices and interest rates, said Dale Marsh, LSTAR’s 2025 chair.
With the trade war with the U.S. spooking buyers, London’s housing market continued its slump in May, with only 722 homes changing hands
Average resale price of properties in London region was higher in April than in January, bucking trends seen in other Canadian markets.