According to the head of the London and District Construction Association, the region will be pressured to meet a new federal housing pledge.
The Liberal government is promising $6 billion towards the infrastructure needed to build multi-unit housing.
What is billed as the largest home show in southwestern Ontario kicked off Friday afternoon, with more than 300 vendors at the Western Fair District Agriplex.
Amid the voracious demand for housing, it seems Ontario's construction labour shortage is about to get worse. It's anticipated 300,000 workers will retire in the coming decade, which could have wider consequences for an already acute affordability crisis.
While affordability challenges remain, stabilizing interest rates and new economic opportunities are expected to help turn the housing market around in St. Thomas.