First Edition: LSTAR REALTOR® Report - September 2026 | London St. Thomas Association of REALTORS

Introducing the New LSTAR REALTOR® Report

We're excited to launch the first edition of the LSTAR REALTOR® Report, a new publication designed to bring together the updates, insights, opportunities, and stories that matter most to our members.

Key highlights this issue:

💻 New MLS® & PropTx Enhancements

Several new enhancements have been introduced to support REALTORS® in their day-to-day business. Members gained the ability to subscribe to both Matrix™ and REALM®, providing greater flexibility in how MLS® information is accessed. Cumulative Days on Market (CDOM) is also now available, offering increased transparency by showing total market exposure across related listings. In addition, a new "List Price Reduced to Reflect HST Rebate" flag has been added to support compliance with the federal HST new-home rebate program.

📈 Market Snapshot: Inventory Reaches New High

The local housing market continued to move toward more balanced conditions throughout the summer. July saw 1,543 new listings, 686 homes sold, and an average sale price of $603,006. August brought 1,403 new listings, 526 homes sold, and an average sale price of $590,550, while inventory climbed to 6.3 months, the highest level recorded this year. For buyers, increased inventory means more choice. For sellers, strategic pricing and strong marketing remain key in a more competitive marketplace.

Looking for Membership Updates?

Membership changes, brokerage changes, and other member-related announcements can now be found in one convenient location on the Member Hub. LSTAR has 2,159 active members as of September 14, 2026.