Communications

LSTAR is thrilled to host a webinar for the innovative Openn platform on Thursday, May 25th, where you can learn about the Openn platform and how it can change your real estate business for the better.

The CMHC has developed a new virtual tool that REALTORS® can use to determine if a property could be subject to the Prohibition on the Purchase of Residential Property by Non-Canadians Act. This tool represents a great improvement over the resources originally offered by CMHC.

LSTAR is excited to announce two new BrokerBay webinars tailored specifically to LSTAR Members and designed to provide you with all the essential information you need to know about BrokerBay. 

In April 2023, 964 new properties came on the market and 723 homes exchanged hands via the MLS® System of LSTAR. The overall sales-to-new listings ratio for the entire London-St. Thomas area climbed from 63.5% in March to 75% in April, while the inventory plunged from 2 months in March to only 1.8 in April.

LSTAR is hosting a series of Member Town Halls, to hear your thoughts on the proposed changes to our Bylaws and Policies. The next Town Hall is scheduled to take place in-person in St. Thomas on Wednesday, May 10th.

LSTAR is hosting a series of Member Town Halls to get your feedback on the proposed changes to its Bylaws and Policies. The first Town Hall is scheduled to take place virtually on Thursday, April 20th, between 10:30 am and 12:00 pm.

In March 2023, only 1,079 new residential listings were posted on the MLS® System of LSTAR, making last month the March with the third lowest number of new listings in the last decade. Home sales for the month stood at 685, the lowest seen by LSTAR in March since 2014, and inventory fell to only 2 months. 

Registration has opened for the 2022 LSTAR Annual General Meeting & Trade Show, scheduled to take place on Tuesday June 27th, 2023, at the Best Western Lamplighter Inn and Conference Centre. Click here to register for the AGM & Trade Show.

Due to lobbying efforts by CREA and other groups, the government has made some amendments to the Regulations accompanying the Prohibition on the Purchase of Residential Property by Non-Canadians Act. Four amendments were announced today.

The 2023 LSTAR Slo-Pitch Tournament will take place on Friday, June 2, 2023 at Slo-Pitch City in Dorchester. Register your team now and join us for a day of fun in the sun!