Two months into the COVID-19 pandemic, people in London, Ont., are still buying and selling homes, one expert says, it’s just happening at a lower rate.
Stewart Blair, a realtor for Royal Lepage in London spoke to Global News about what it’s been like for the real estate market during the pandemic.
Blair said that while London prices have not changed, he has seen a 55 per cent decline in sales. “When this pandemic started impacting us in Canada, a lot of people had already purchased homes,” Blair said. “We had a number of people who still had to go ahead, not because they wanted people going through their house during a pandemic, but there is not many of us out there that can afford to pay for two houses at once.” Because of this, among