London, ON – 2018

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London’s rental vacancy rate is shrinking. In 2017, the rental vacancy rate in London was just 1.8 %, a drop from the already low 2.1 % in 2016 and 3. 8 % in 2011 .*

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Indigenous households are more likely to be living in inadequate, unsuitable, or unaffordable housing. In 2016, 26.5% of Indigenous households were living in such conditions, which is nearly double that of non-Indigenous households .* * *

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A healthy housing market has a 3% vacancy rate .* *

Those who are spending 30% or more of their total household income on housing , have a housing af fordability problem. In 2015, 45.6 % of London renters spent more than 30% of their income on rent, up 2 % from 2010. While this is the same as the average for Ontario, it’s 5.7 % higher than the Canadian average .* * * *

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-21.5%

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