Slower-than-expected September home sales have softened the local housing market outlook to close out 2025. Two new forecasts now see no sales rebound until next year, as economic uncertainty appears to send buyers back to the sidelines – the latest twist in what one industry watcher called a “confusing” market. London Free Press reporter Jonathan Juha dives in to explain.
Where we are
After a brutal start to the year, which saw area home sales trail last year’s by as much as 20 per cent at one point, local market optimism appeared to return after a strong end of the summer.
July and August – traditionally slow months in real estate – saw sales hit high levels not seen in nearly three years. For many, it seemed a sign of what the fall market could bring as trade war fears app