London

Market pulse

TRREB Market Watch

Sold vs. original ask

98.5%

of the first asking price

MLS® · live

Resale market data from TRREB. Months of inventory = active listings ÷ monthly sales.

GTA-wide financing context

Economic backdrop

BoC rate

2.25%

Next decision

Sep 2

ODIN forecast

Hold

80% probability

Financing conditions are more likely to stay steady through the next decision, giving the market a clearer payment baseline.

Macro context for financing—not a neighbourhood price forecast.

About this data. Monthly market statistics are sourced from the Toronto Regional Real Estate Board (TRREB) Market Watch report. Metrics labelled “calculated” are derived from MLS® listing data and may differ from official board figures. Figures reflect data available. This information is deemed reliable but is not guaranteed accurate. Content is provided for general information only and does not constitute financial, investment, or real estate advice.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

London Area Guide

AI Generated

London, Ontario, offers a diverse and growing real estate landscape, catering to a range of homebuyers. The city is known for its blend of urban amenities and green spaces, appealing to families and professionals seeking a balanced lifestyle. With a significant number of new constructions underway, London presents opportunities for those looking for modern living options in various types of residences.

Diverse Housing Options — The London real estate market features a variety of housing types, including townhouses, single-family homes, and condos. This range caters to different preferences and needs, from spacious family houses to more compact urban condominium living.
Active Development Scene — There are currently 60 new projects in progress or planned within London, indicating a robust and expanding development sector. These projects offer a substantial total of 3,617 units for prospective buyers.
Accessible Price Points — New construction in London offers a broad price spectrum, with units ranging from approximately $404,000 to $1,080,990. This affordability across different housing styles makes London an attractive market for various budget considerations.
Developer Activity — Multiple developers, including Auburn Homes, Birchwood Homes, and Westhaven Homes, are actively contributing to London's housing supply. These developments encompass a mix of planning phase, developer selling, and resale opportunities.
Upcoming and Completed Projects — Buyers can explore projects in various stages, from those in the initial planning phase like "Aria Towns" and "Jackson Meadows Homes" to those already completed and offering resale options such as "Fox Crossing" and "ParkWest Condos."