Communications

455 homes exchanged hands in the first month of 2016; this represented only 0.8% less for Detached and down 17.9% for Condos, for a total of 4.2% less over the previous January. 

2015 proved to be not only the best year for real estate in the jurisdiction of the London and St. Thomas Association of REALTORS® since 2007, but also the second best year in the history of the Association overall. 9,366 area homes exchanged hands over the course of last year, just 59 units short of the 2007 total of 9,425. 

November 2015 homes sales outstripped those of the previous year by 8.5%. 626 homes exchanged hands last month, making it the best November since 2007. 2015 promises to finish off strong with overall sales up 9.7% Year to Date.

October 2015 homes sales came in just a hair lower than those of October 2014, the best October since 2007. A total of 695 homes exchanged hands last month, just three shy of October 2014, which saw 698 sales. 577 detached homes sold in October, up a marginal 0.9%, while condo sales dropped 6.3%. Total sales were down a very negligible 0.4%. 

Not only did 2015 see a best June ever for real estate sales in the jurisdiction of the London and St Thomas Association of REALTORS®, now it's seen the best September ever! A total of 840 homes sold in September 2015, up 23.2% overall from September 2014. 

August 2015 was yet another month in which home sales in the jurisdiction of the London and St. Thomas Association of REALTORS® were the best they've been since 2007's Global Financial Meltdown. A total of 864 homes sold in August 2015, up 9.2% overall from August 2014.

A total of 934 homes sold in July, down 4.7% overall from July 2014. Year-to-Date, sales are up 9.5% over last year.

The London and St Thomas Association of REALTORS® is proud to announce the recipients of this year's LSTAR Scholarship. They are: Sophia Koladich, the granddaughter of LSTAR Member Judy Siskind, Courtney Simpson, the daughter of LSTAR Member Brian Simpson, Jack Phoenix, the son of LSTAR Member David Phoenix, and Sam Peifer-Dawson, the son of LSTAR Member Tracey Peifer.

The local housing market continued strong in May 2015, with total sales up 6.8% over the previous year. 861 detached homes and 194 condos sold last month, when a total of 1,055 homes exchanged hands.

The Spring market is off to a good start with 964 homes exchanging hands in April 2015, up 15.3% over the previous April. 776 detached homes sold last month, up 16.5%, along with 188 condos, up 10.6%.