News

Welcome to LSTAR’s Virtual News Room! Scroll down to explore our statistical and non-statistical News Releases.

Three Outstanding Individuals Recognized at LSTAR's AGM

LSTAR proudly recognized three outstanding individuals at its Annual General Meeting on Tuesday, June 25th. 

June 28, 2024

LSTAR's 2024 Slo-Pitch Tournament Gives Back to Two Local Charities

With your support and enthusiasm at the 2024 LSTAR Slo-Pitch Tournament, we were able to give back to the Community, including two amazing charities, ARK AID STREET MISSION in London and HOSPICE OF ELGIN in St. Thomas! The weather was perfect, and such a great day for everyone involved, including players, attendees, and sponsors. We can't thank you enough!

June 26, 2024

2024 LSTAR SLO-PITCH PRE-GAME PIZZA DEAL!

Head to Domino's on June 5th, 6th, 12th & 13th in London, St. Thomas & Aylmer, and take advantage of these EXCLUSIVE Pizza Deals! By ordering either of the 2 SPECIALS, a portion of your order will go directly to Ark Aid Street Mission (London) and Hospice of Elgin (St. Thomas).

June 4, 2024

May Housing Market Remains Stable

The local housing market continued its steady streak in May, with 774 homes exchanging hands via LSTAR's MLS® System. Housing supply showed signs of market stabilization, with three months of inventory in May, unchanged from the month before. Year to date, sales are outpacing 2023, with 3,161 total sales, up 1.8% from the same period last year.

June 4, 2024

April Shows More Signs of Stabilization

In April, 710 homes exchanged hands via LSTAR's MLS® System, a slight decrease of 2.9% compared to the same month a year ago. Year to date, there have been 2,381 total sales, up 6.1% from the first four months of 2023.

May 2, 2024

Federal Government Releases “Canada’s Housing Plan”

Today, the Federal Government released “Canada’s Housing Plan”, an ambitious action plan aimed at addressing Canada’s housing crisis and making housing more affordable. This extensive plan outlines a multi-pronged approach and provides an extensive list of measures geared towards increasing housing supply, helping Canadians rent or buy a home, construction innovation, and protecting consumers.

April 12, 2024

Home Prices Continue To Rise in March

LSTAR's MLS® System recorded 636 homes sold last month, 11.3% less than in March 2023. The number of newly listed properties surged from 1,024 in February to 1,233 in March, marking an 11.8% increase over a year ago. Overall, housing supply increased slightly in our region - from 2.7 months of inventory in February to 2.9 months in March.

April 4, 2024

Slo-Pitch Sponsorship Opportunities

LSTAR's annual Slo-Pitch Tournament is coming up on Friday, June 14, 2024, at Slo-Pitch City in Dorchester. All proceeds from this tournament will be donated to Ark Aid Street Mission in London, and Hospice of Elgin in St. Thomas. This year, we have a goal of raising over $20,000 for our two beneficiaries. To help us reach this goal, we would like to invite all businesses from London and St. Thomas to come on board as sponsors.

March 27, 2024

New Data Unveils Resident Sentiment Across Western Ontario on Housing, Affordability and Other Issues

A majority of residents across Western Ontario believe the region has good access to daily activities and is an excellent environment for raising a family, but at the same time express concerns over housing and economic stability, affirming the challenges of inflation, cost of living, and affordability, according to a new report by Abacus Data.

March 27, 2024