LSTAR's Statistical News Releases are available here, dating back to 2012. To access LSTAR's Market Activity Reports (Stats Packs) back to 2007, go to our Stats Archive page (PropTx login required).
Just one short of a thousand homes exchanged hands in August 2016, making last month the best August on record for the London and St. Thomas Association of REALTORS®. 804 detached homes sold last month along with 195 condos. Year-to-Date sales are up 9.1%.
990 homes exchanged hands in July 2016, making last month the best July ever with the exception of July 2007, which set the all-time record for July with 1,009 sales. 807 detached homes sold last month along with 183 condos. Year-to-Date sales are up 8.2%.
In June 2016 a total of 1,133 homes exchanged hands. That makes last month the best June on record. Sales were up Year-to-Date by 8.6%.
1,154 homes exchanged hands in May 2016, up 9.4% over May 2015. Year-to-Date sales are up 10.4% over last year.
A resounding 1,068 homes exchanged hands in April 2016, up 10.8% over April 2015. "This makes last month the best April on record," says Stacey Evoy, President of LSTAR. "The only other April to crack the one thousand mark was April 2010, when 1,017 homes sold." Year-to-Date sales are up 10.7% over last year.
860 homes sold in March, up 11.8% over March 2015, making last month the best March since 2006 – a good two years before the Global Financial Meltdown caused markets across North America to falter. Year-to-Date, sales are up 10.8%. 1,579 homes were listed in March, down 1.7%, and Active Listings End of Period – or inventory – was down 16.6%.
652 homes sold in February, up 21.9% over February 2015—the best February since 2008. Year-to-Date home sales are up 9.6%. 1,146 homes were listed in February, down 2.7%, and Active Listings End of Period – or inventory – was down 19.1%.
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.
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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