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.
Home sales in the London region plunged in the first quarter this year, but one segment of the local market seems to be bucking the trend.
Home sales in the London area plummeted in March, new figures show, deepening a slump that’s now run through the first quarter of 2025. Only 508 homes were sold last month in the London area, which also takes in Strathroy, St. Thomas and portions of Middlesex and Elgin counties, the London and St. Thomas Association […]