News

Last month, local residential real estate transactions remained at peak levels, with 740 homes trading hands in LSTAR’s jurisdiction – only 22 less than three years ago, when the Association had its best February sales ever.

LSTAR REALTORS® started the year with a bang, as the house sales in the London – St Thomas area saw their second best January since 1978, when LSTAR started tracking its markets’ performance.

The London and St Thomas Association of REALTORS® (LSTAR) Board of Directors is pleased to announce London-based REALTOR® Blair Campbell will serve as its President in 2020. Campbell is the Broker of Record/Owner of Accsell Realty Inc., and he has been a REALTOR® with LSTAR since 2007.

2019 proved to be not only a solid year for real estate in the London-St Thomas area, but also the third best year for sales activity since the Association began tracking its performance back in 1978.

For the second month in a row, LSTAR's home resales achieved a new record, with 752 homes1 exchanging hands in November. It's the best November ever, since the Association began tracking data in 1978.

LSTAR's residential sales activity hit a new record in October, with 928 homes1 exchanging hands in the Association's jurisdiction. This brings the total number of 2019 LSTAR home sales to 8,909, 3.4% higher than the October 2018 year-to-date figures.

London, ON – When it comes to raising a family, healthcare and enjoying a high quality of life, London residents are very satisfied with what the Forest City has to offer, according to new research conducted by Nanos Research on behalf of the London and St. Thomas Association of REALTORS® (LSTAR). The research – presented by Nik Nanos at an event today attended by city officials, business leaders and London residents – showed that, while Londoners love their city, they think more needs to be done to address traffic, transit and home affordability.

London and St Thomas Association of REALTORS® (LSTAR) announced 861 homes* were sold last month, marking the second best September for home resales, since the Association began tracking data in 1978.

For the London and St Thomas Association of REALTORS® (LSTAR) last month was the August with the third highest volume of residential sales in the last decade. 917 homes exchanged hands in the Association’s jurisdiction - just four less than in August 2018. New listings increased to 1,189, but still didn’t reach the ten-year average. Overall, the inventory levels were slightly elevated over August 2018 – 1.9 months over just 1.7. During the same period, the average home price was 9.1% higher than one year ago, sitting at $413,010.