The city rate now sits at four per cent, up from 2024’s 2.9 per cent, Canada Mortgage and Housing Corp.'s annual rental market report says
As part of Foxwood Homes’ program, buyers can receive up to $12,500 toward property taxes, as well as other costs such as electricity, water and gas.
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.
It's been a tough year so far for new home construction, with housing starts in all categories running behind 2024 levels.