Home Sales Achieve Record!

The London and St. Thomas Association of REALTORS® (LSTAR) announced 637 homes exchanged hands last month, down 13.6% from the same time a year ago. Meanwhile, year-to-date sales are up 9.1%, with a total of 10,790 homes sold, marking 2017 as the year with the highest number of residential sales since LSTAR began tracking data in 1978, with one more month to go.

"This historic milestone reflects the incredible year we've had in residential real estate across the region," said Jim Smith, 2017 LSTAR President. "The activity in the final quarter of the year echoes what's happening nationally, according to the latest report from the Canadian Real Estate Association (CREA), who expect positive momentum to continue in