Real Estate News

Sept. 8, 2021

Market Continues to Stabilize

Chris Bramwell Market Report August 2021

The median home price was up 23.7% in August when compared to the same period in 2020. However, the current year's median price data tells a different story. Since the high in March of 2021, the median home price has declined slightly for five consecutive months. This indicates ...

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Posted in Real Estate News
March 8, 2021

Demand Drives London Home Prices

Chris Bramwell Market Report February 2021

The median home price in London increased to $588,000 in February. This represented a 38.4% rise when compared to February 2020. South London continued it’s rapid rise with the median home price up 41.7% over the same period in 2020. I speculate that the contribution of higher ...

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Posted in Real Estate News
June 11, 2020

CMHC Tightens Mortgage Insurance Rules

I came across this blog the other day and felt it was important to share. CMHC, Canada's national housing agency is tightening its requirements for getting an insured mortgage starting July 1st 2020. The article below was posted on June 5th, to the CBC website written by Thomas Reuters ...

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Posted in Real Estate News
May 25, 2020

London New Home Prices Not Expected to Fall Despite Pandemic

Man working on new home build

I recently came across this article in the London Free Press, and just had to share it with you.  I find it very interesting how unpredictable the current real estate market is and how everyone is concerned about home sales, but in this article, Statistics Canada reports that new ...

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Posted in Real Estate News
Feb. 19, 2019

London Home Prices Bucks National Trend

Picture of New Construction Home

Average house prices in London Ontario have increased by 9% in the second quarter of 2018 while the national price had only risen by 2%, according to the Royal LePage. This is due to the lack of homes for sale in our city and how close the commute to Toronto ...

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Posted in Real Estate News
Sept. 12, 2018

Toronto vs London Home Buyers

Toronto Vs London Home Buyers

Are you someone or know of someone who has been constantly let down after excitedly handing in an offer to buy a home to find out hours later that a higher bidder won. I know many clients who went through the highs and lows of trying to secure a new ...

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Aug. 23, 2018

London Home Prices Still Going Up

Chris Bramwell Homes Prices Going Up

Everyone keeps asking me if home prices are still on the rise in London.  To my knowledge I have always said yes, and this is due partially to the growing amount of new families from the Toronto Area looking to live in London.  And when demand is high ...

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July 11, 2018

Argyle Area

Argyle Area Neighbourhood

Argyle is a large neighbourhood on the east side of London encompassing several smaller neighbourhoods. Dundas Street is the main commercial and transit corridor, with Argyle Mall at Clarke Road serving as the commercial hub. The residential areas were generally built post WWII, and include single detached homes, townhouses, and ...

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July 9, 2018

London Ontario the "Garden City"?

London Ontario the Garden City - Chris Bramwell

We all know that London Ontario is also referred to as the "Forest City", but did you know we have 14 community gardens spread throughout our city?  The number of gardens across our town is also continuing to "grow" in numbers each year. London is truly rich with nature ...

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