Interest rates, Donald Trump and London’s 2025 housing market outlook

Interest rates, Donald Trump and London’s 2025 housing market outlook
London Free Press
London’s housing market ended 2024 on a positive note, bolstered by a strong fall that helped the region reach 8,000 homes sold for the first time in three years. All signs pointed to an even stronger 2025 amid lower interest rates and new mortgage rules meant to help first-time buyers. But clouds are now on […]
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More Londoners falling behind on mortgage payments: CMHC

More Londoners falling behind on mortgage payments: CMHC
London Free Press
The number of Londoners behind on mortgage payments has tripled during the past two years, reaching rates not seen since 2017.
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Whitmer signs bills to extend jobless benefits to 26 weeks

Interlochen Public Radio
Jobless workers will be able to collect unemployment benefits for a little more than six months under bills signed Monday by Gov. Gretchen Whitmer.
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Klassen: Elections, economic angst will dominate politics in 2025

London Free Press
Economics will play an outsized role in politics in 2025 as leaders try to create robust economies in an era of volatility
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Letters to the Editor: December 18, 2024

London Free Press
Review your policies as disasters do happen
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Cornies: ‘Ageless ideals’ being tossed aside? History shows that’s nothing new

London Free Press
Ask a clutch of classic car buffs to name an automobile that symbolizes the apex of North America style and beauty, and many will settle on the 1957 Chevrolet Bel Air.
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London-area adds 3,000 new jobs as employment trend stays positive

London Free Press
The London-area economy added close to 3,000 jobs in November, but the region’s jobless rate still edged up last month as more people looked for work, Statistics Canada reported Friday. In total, the London area, which also takes in St. Thomas, Strathroy and portions of Elgin and Middlesex County, added
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The city enjoyed a 3.2 per cent spike in the value of goods made here, called gross domestic product or GDP, in 2023. However, inflation and interest rates have taken hold to slow that to 1.7 per cent

London Free Press
London’s once hot economy remains “healthy” although it slowed this year to a steady pace that is expected to continue through 2025, says an economic report released Thursday. London enjoyed a 3.2 per cent increase in the value of goods made here, called gross domestic product or GDP, in 2023
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London-area unemployment rate rises amid slowing job growth

London Free Press
The London area’s unemployment rate rose half a point to 6.4 per cent last month, mirroring national and Ontario trends as job growth in Canada slowed in March.
Jobs, Statistics Canada, Unemployment

London-area jobless rate rises slightly, but stays well below Ontario average

London Free Press
The London-area's jobless rate rose slightly to 5.7 per cent last month, up from 5.5 per cent in December, but remained well below the provincewide average of 6.2 per cent, just-released figures show. Read More
Statistics Canada, Unemployment

London jobless rate improves slightly to close record-setting 2023

London Free Press
The London-area jobless rate improved slightly in December, just-released figures from Statistics Canada show, returning to the same level it reached in late summer. Read More
Statistics Canada, Unemployment

London area adds 3,000 new jobs, unemployment rate up slightly: New figures

London Free Press
The London area added 3,000 new jobs in September as the local unemployment rate ticked up slightly along with the number of people looking for work, just-released figures show. Read More
Statistics Canada, Unemployment
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