London area home sales jump in July
Compared to the same month one year ago, sales last month increased by more than 28 per cent.
Although the volume of home sales was up, the average value did not see the same increase, declining by a little over half a per cent since July 2024
Factors cited by LSTAR include the unpredictability of the market, as well as the Bank of Canada continuing to hold the policy rate at 2.7 per cent.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBC
2 minutes ago
- CBC
Union representing Air Canada flight attendants vote to strike if demands not met
More than 10,000 Air Canada flight attendants are poised for a possible strike in a week and a half after members voted in favour of strike action, according to the union representing the flight attendants. The Air Canada Component of CUPE said in a press release Tuesday that after months of negotiation on a new contract, no agreement has been reached on key issues such as wages, work rules and unpaid hours. "The company would rather drag their feet than negotiate on the things that matter to our members," said division president Wesley Lesosky in a press release. "Now, flight attendants have had a chance to weigh in and tell the company it's time to get serious about negotiating." A strike vote indicates that members are prepared to go on strike, but doesn't necessarily mean a strike will occur. The union stated that a legal strike could begin as soon as Aug. 16 if an agreement isn't reached. Air Canada acknowledged the result of the strike vote in a statement, adding that it remains committed to the bargaining process.
CTV News
31 minutes ago
- CTV News
Winnipeg developer recognized with honorary street naming
A city worker installs a sign for the honorary street name Monte Nathanson Way on a section of Lombard Avenue on August 5, 2025. (Jamie Dowsett/CTV News Winnipeg) The City of Winnipeg has officially recognized a man who helped revitalize and transform Winnipeg's Exchange District. Councillor Vivian Santos announced an honorific street naming of the area between 93 Lombard Avenue and 111 Lombard Avenue intersecting with Westbrook Street as 'Monte Nathanson Way.' The name honours the developer, who passed away in 2024 at the age of 93. 'Monte was a pioneer, not just in bricks and mortar, but in imagination,' Santos said. 'When others looked at Winnipeg's old warehouse buildings and saw relics of the past, Monte saw potential. He believed in the power of restoration and revitalization, and through his leadership, we saw the rebirth of the Exchange District.' Coun. Vivian Santos announces the honorary street name Monte Nathanson Way on a section of Lombard Avenue on August 5, 2025. (Jamie Dowsett/CTV News Winnipeg) Coun. Vivian Santos announces the honorary street name Monte Nathanson Way on a section of Lombard Avenue on August 5, 2025. (Jamie Dowsett/CTV News Winnipeg) In the 1970s, Nathanson transformed 93 Lombard Avenue, which was a warehouse and a pipe factory, into a new office building in the Exchange District. 'It was in shambles: sinking floors, rail sidings, corroded plumbing and a dilapidated loading dock,' said his daughter Sherryl Steinberg. 'But that's not what he saw. He saw the beauty of original brick and beam. He saw a stately, dignified building that could become the launchpad for a revitalized area. Once again, he had a plan to restore Winnipeg's architectural heritage and make the Exchange District and waterfront a place to work, live and learn.' Nathanson, who helped create United Equities Group, also helped restore numerous historic properties in Winnipeg, including 111 Lombard Avenue and 200 Waterfront Drive. 'Monte left his mark, not only in our skyline, but in the very soul of our downtown,' Santos said. 'His work helped build the cultural and economic vibrancy we are all enjoying today.'
CTV News
31 minutes ago
- CTV News
N.B. government reviewing labour board's order to rescind school layoff notices
Many New Brunswick librarians are uncertain if they will have jobs in September. Laid off library workers and school support staff in New Brunswick are still unclear about their future, a week after an order was issued for their pink slips to be rescinded. The New Brunswick Labour and Employment Board found the provincial government didn't bargain in good faith with the Canadian Union of Public Employees (CUPE) earlier this year when it 'failed in its duty to disclose government decisions that would and did have a significant impact on the negotiations process.' The board ordered the province rescind layoff notices, as well as rescind the decision to reduce working hours for school administrative assistants, until the ratification of a tentative agreement. A total of 69 workers in Anglophone School District West were issued layoff notices in April, including: 32 library workers 19 education assistants 10 administrative assistants seven district administrative support staff members one student attendant Layoff notices were also sent to 13 full-time and five part-time library workers in Anglophone School District South, with District scolaire francophone Sud also confirming lay off notices. Theresa McAllister, president of CUPE Local 2745 Educational Support Staff, said the union hasn't heard anything directly from the provincial government since the board's order was issued. 'I know I have some feelers out there trying to find out some information as to how and when we start to move forward,' says McAllister. Education Minister Claire Johnson responded to the board's order on Friday, telling reporters she had no new information to share with affected workers. A written statement from the department on Monday said it would 'be taking time to review' the board's decision without offering a timeline on when that might be completed. When layoff notices were first issued this past spring, Johnson said every school district was being directed to prioritize money for literacy and numeracy skills while finding $43 million in savings. In June, the province budgeted an additional $14.6 million for school districts but didn't tie the money to hiring back laid off workers. Interim Progressive Conservative Leader Glen Savoie says the labour and employment board's decision is clear, questioning what exactly that government has to review. '(The provincial government) has been found guilty in a sense,' says Savoie. 'So here we are, now having to wait, while the government decides whether or not it wants to take responsibility.' Green Party Leader David Coon says the provincial government is trying to delay the inevitable. 'I don't understand why they're treating it as complicated, it's very straightforward,' says Coon. 'I don't see what choice they really have here.' School library Students sit in a school library. (CTV News) For more New Brunswick news, visit our dedicated provincial page.
