Communications

Tim Hudak, former OREA CEO, is well-acquainted with the real estate sector. He joins LSTAR CEO Bill Madder for a discussion on the housing market and effective advocacy strategies for the industry.

September is REALTOR® Safety Month in Canada, a time to focus on the tools, tactics, and awareness that keep you safe on and off the field. LSTAR is excited to present two important safety-focused events for REALTORS®.

LSTAR's May 2025 residential market report reflects a market in transition amid broader economic pressures, including the ongoing impact of US tariffs. In May, 722 homes were sold—a 15.4% decline from May 2024. Meanwhile, new listings rose 15.3% to 1,999, and active listings climbed 26.5% to 3,253, offering buyers a wider selection of properties.

Immediate Attention Needed: Public Marketing Issues and Audit Results

Dive into LSTAR's Annual General Review & Catch Our New Governance Video!

In April 2025, LSTAR reported 653 sales, a 14.3% decrease compared to April 2024. New listings totaled 1,523, reflecting a 10.1% decline year-over-year, while active listings increased by 19.6% to 2,891. The average price of homes was $654,147, a slight 0.5% decrease, from April 2024.

In April 2025, LSTAR reported 653 sales, a 14.3% decrease compared to April 2024. New listings totaled 1,523, reflecting a 10.1% decline year-over-year, while active listings increased by 19.6% to 2,891. The average price of homes was $654,147, a slight 0.5% decrease, from April 2024.

REALTOR® Quest returns May 14 and 15, and LSTAR members are invited to attend at no cost as part of PropTx! LSTAR has arranged for a Coach Bus to travel to REALTOR® Quest on both days, and a limited number of seats are still available to LSTAR Members. The bus will depart from LSTAR at 7:30 am and leave from REALTOR® Quest at 6:00 pm each day.

London Mayor Josh Morgan and 2025 LSTAR Chair Dale Marsh discuss the challenges of affordable housing and highlight initiatives that are catching the attention of politicians at Queen's Park. Check out this shortened video podcast of their conversation—it's a must-listen to understand the full picture.

 In March 2025, LSTAR recorded a significant decline in sales activity, with only 508 transactions, marking a 33.5% decrease from the previous year. New listings decreased by 11.0%, while active listings increased by 21.1%, indicating a growing inventory. The average price of homes in the region decreased slightly by 0.6% to $643,159. The sale to list price ratio remained close to previous years indicating sellers are still achieving near their asking prices.