Jobs at risk amid sluggish demand for new homes
So far in 2025, there have been 877 housing starts in London, down sharply from 1,579 at the same point last year, according to data released by the Canada Mortgage and Housing Corp.
Way before the first phases of Wastell Homes’ Willow project in north London was completed, builder Sue Wastell could detect softening demand for new homes.
It's been a tough year so far for new home construction, with housing starts in all categories running behind 2024 levels.