Communications

451 residential properties exchanged hands last month through LSTAR's MLS® System, 44% less than in November 2021.

Congratulations to the five newly elected 2023 Directors: Joan Ball, Neda Beaulac, Dale Marsh, Michelle Orsini, and Jenny Steward!

RECO is implementing fee reductions that will affect all registrants, effective March 1, 2023.

In October 2022, the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR) saw 975 new listings and 504 home sales. 

The local housing market continued to cool off in September, with 497 homes exchanging hands via LSTAR's MLS® System. Housing supply made a healthy gain from 2.7 months of inventory in August to 3.4 months of inventory in September, showing more signs of market stabilization.

The number of homes sold in the jurisdiction of LSTAR fell by 34.8% in August from the same month last year, but saw an increase over the previous month, which indicates a soft landing of the local real estate market. 

LSTAR announced today that a total of $6,000 has been awarded to four outstanding students, as they take the next step in their educational journeys. 

The local housing market continued to cool off in July, with 514 homes exchanging hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR).

1,727 new residential listings and 663 home sales were recorded in June 2022 in the London-St. Thomas area via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). The local housing supply increased from only 1.7 months of inventory in May to 2.8 months of inventory in June.

In May 2022, 1,835 new residential listings were posted on the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), more than in any previous May in the Association’s history.