London Real Estate Nov. Update: Sales Plunge

London’s real estate sales dropped 20% in November, with the latest data showing little sign of momentum heading into 2026. Prices continue to ease, inventory keeps building, and even industry forecasts are shifting toward a buyer-controlled market. In this video, we break down November’s benchmark, average, and median price movements, #londonontariorealestate #londonontario #lstar November 2025 LSTAR Statistics: https://lstar.ca/statistics London-area home sales plunge nearly 20% in November: https://lfpress.com/news/local-news/london-home-sales-plunge-november Canadian Real Estate Prices Expected to Rise 9.2% in 2022: RE/MAX: https://blog.remax.ca/re-max-expects-canadian-real-estate-prices-to-rise-9-2-in-2022/ Modest growth in London area home prices, sales in 2025: Forecast: https://lfpress.com/news/local-news/modest-growth-in-london-area-home-prices-sales-in-2025-forecast London Housing Market Update Outlook (2026): https://blog.remax.ca/london-housing-market-outlook/ Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ London-area housing market rebounds as realtors eye 'steady, solid' 2025: https://lfpress.com/news/local-news/london-area-housing-market-rebounds-as-realtors-eye-steady-solid-2025 RBC Mortgage Rates: https://web.archive.org/web/20241225144845/https://blog.remax.ca/london-housing-market-outlook/ Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Lenders now seeing 60-, 70-, even 90-year mortgages as Canadians struggle with rocketing interest rates: https://www.thestar.com/business/lenders-now-seeing-60--70--even-90-year-mortgages-as-canadians-struggle-with/article_91dd72d2-bfeb-578f-a72f-bc72dc1e1e74.html The secret to precise valuations? It’s not what you think: https://realestatemagazine.ca/the-secret-ingredient-to-precise-property-valuation-its-not-what-you-think/ The Psychology of Car Sales: 15 Proven Tips (With Examples) to Sell Better in 2025: https://autocorp.ai/blog/the-psychology-of-car-sales-15-proven-tips-with-examples-to-sell-better-in-2025 Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice