LSTAR CEO Bill Madder and 2025 LSTAR Chair Dale Marsh talk about August statistical highlights and the local market, along with LSTAR's upcoming Board of Directors election, volunteering on an LSTAR committee, and more.
We invite you to apply for LSTAR’s 2026 Committees, Rosters, Advisory Groups, and Task Forces. If you’re interested in getting involved and helping shape LSTAR’s future, please complete the 2026 Committee Application Survey before the deadline of this Friday, September 19, 2025.
Volunteering is a great way to build leadership skills, stay informed, and connect with fellow REALTORS®. Final selections will be made in October, and volunteers will be notified in November. Committee Orientation will take place in early December.
On August 19, 2025, RECO committed to providing an update to consumers and registrants affected by the iPro matter about the insurance claims process. Read the latest update from RECO regarding Consumer Deposit claims and Registrant Commission claims.
Today, Ontario’s nine largest REALTOR® associations, representing more than 95,000 of the nearly 100,000 REALTORS® across the province, sent a joint letter to the Minister of Public and Business Service Delivery and Procurement, the Honourable Stephen Crawford, in support of his government’s firm stance on the Real Estate Council of Ontario’s (RECO) operations and handling of the iPro Realty matter.
In August, 616 homes exchanged hands via LSTAR's MLS® System, up 10.4% compared to the same month a year ago. Similar to July, August posted its strongest sales month since 2021. August recorded the highest inventory level in the last 10 years, with five months of inventory, while the sales-to-new listing ratio of 45.7% indicates a balanced market, according to CREA.
LSTAR has determined that many members were automatically authenticated into the BrokerBay/Supra One system and therefore are not fully aware they have subscribed. Due to this, the system has automatically assigned a PIN instead of letting members choose their own.
Because of this, many members don’t know that there is a specific BrokerBay/Supra One PIN and are using their old Supra PIN, which won’t work.
As an administrator, the addition of access into the existing Supra One experience has many benefits. We'll go over three of the biggest ones in this brief video.
For a transcript of this video, click here. For more resources, go to LSTAR's Supra One Resource Page.
Join 2025 LSTAR Chair Dale Marsh and LSTAR CEO Bill Madder as they review the statistical highlights from July 2025, and talk about the London and St. Thomas real estate markets. Be sure to stay tuned until the end for a special announcement.
In July, 725 homes exchanged hands via LSTAR's MLS® System, up 28.1% compared to the same month a year ago. That’s the best month of sales for July since 2021. The overall sales-to-new listing ratio was 44.6%, which CREA would indicate as a balanced market.
Cathy Polan, OREA’s 2025 President, joins 2025 LSTAR Chair Dale Marsh to talk about modular homes and how they’ll help towards Ontario’s goal to build 1.5 million homes by 2031, and more.
We would like to acknowledge the Indigenous Peoples in whose traditional territory we work and live: the Anishinabek; the Haudenosaunee; and the Lunaapeew. The three distinct First Nations communities within the Middlesex-London area are: Chippewas of the Thames First Nation; Oneida Nation of the Thames; and Munsee-Delaware Nation. We acknowledge the many longstanding treaty relationships between Indigenous Nations and Canada – including the London Township Purchase of 1796 between the Anishinabek and the Crown. This territory is now home to many First Nations, Metis, and Inuit peoples.
Each of us must honour these relationships, and we all have a responsibility to reconcile.
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