Jonathan Juha

1 day ago | lfpress.com | Jonathan Juha

London’s unemployment rate went up by half a percentage point for a second straight month in May, Statistics Canada reported Friday, as the ongoing trade war between Canada and the U.S. continues to take a toll on the local economy. The London region, which also takes in St. Thomas, Strathroy and portions of Elgin and Middlesex counties, shed 1,700 jobs last month, the federal agency’s latest snapshot of the local labour market showed.

1 day ago | lfpress.com | Jonathan Juha

The number of power-of-sale listings in London is creeping up, local industry watchers say, just as a new report shows the number of homeowners falling behind on their mortgage payments rose by more than 30 per cent in the past year. According to Equifax’s consumer credit trend report, the London area’s delinquency rate – when mortgages are more than 90 days past due – jumped to 0.27 per cent in the first quarter of 2025, up from 0.2 per cent a year earlier.

1 day ago | lfpress.com | Jonathan Juha

Three teenagers are facing assault charges in connection with several cases of people being shot at in drive-by style with pellet guns, London police say. Two 17-year-old males and one 16-year-old male, whose identities are protected under the Youth Criminal Justice Act, were arrested and charged with assault with a weapon following a probe into four cases reported to police involving the firing of pellet guns last week, police said.

2 days ago | thelondoner.ca | Jonathan Juha

Advertisement 1Grappling with a larger-than-usual inventory of unsold homes amid a market slowdown, a London developer is offering up to $100,000 in zero-interest loans to help first-time homebuyers snatch up some of its properties.  •   •  Article contentGrappling with a larger-than-usual inventory of unsold homes amid a market slowdown, a London developer is offering up to $100,000 in zero-interest loans to help first-time homebuyers snatch up some of its properties.

2 days ago | lfpress.com | Jonathan Juha

Think of it as the hot buying season that wasn’t. With the trade war with the U.S. spooking buyers, London’s housing market continued its slump in May, with only 722 homes changing hands, the London St. Thomas Association of Realtors (LSTAR) reported. That marks a 15.4 per cent drop in homes sales from the same month last year in the London-area market, which includes London, St. Thomas, Strathroy, and Middlesex and Elgin counties.