The trade war between Canada and the U.S. upended what was expected to be a bounce-back year for the London housing market, following a pair of lacklustre years for home sales amid high inflation and higher interest rates. But consumer confidence now seems to rising, prompting realty giant Re/Max to use a more hopeful tone in its latest market outlook for the fall and winter of 2025. Jonathan Juha reports.
WHAT’S THE NATIONAL PICTURE?
Though the uncertainty created by U.S. tariffs put a damper on the market, more buyers seem to be feeling confident about finally jumping back in, especially considering that, for the most part, the Canadian economy has held its own amid the ongoing trade dispute.
The Re/Max outlook included an online survey of 1,533 Canadians with a margin of error of plu