From home sales to rental levels to construction starts to vacancy rates, there's almost nothing more universally relevant to citizens than the real estate industry. And in London, it's hard to keep track of the seismic changes.
The number of vacant apartments in the city has suddenly jumped dramatically, and now sits at a 15-year high.
The real-estate market has just ended a sluggish fall, with sales dropping by 20 per cent in November as memories of a decent summer that had the industry hoping for a full rebound have faded.
Builders are eyeing a boost from Queen's Park and Ottawa amid a dramatic slowdown in home construction tied to poor sales.
And on the horizon? Projections that London's population growth, booming not long ago, could slow dramatically – adding another layer of uncertainty to the housing market in what was in the post-pandemic period one of Ontario's fastest-growing communities.
How does it affect you? And how can you make sense of what's ahead?
Free Press reporter Jonathan Juha's extensive reporting on all things real estate in London gives him a depth of understanding on the issues and he can help answer your questions.
Join us on Thursday, Dec. 18 at noon for a live Q&A as Jonathan takes your questions and tries to make sense of the massive changes afoot.
Register now to take part.
We'll see you on Thursday.
