Second Best July Ever!

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. “These kinds of numbers, month after month after month, speak to the vibrancy of our current market,” explains Stacey Evoy, President of the London and St. Thomas Association of REALTORS®. 807 detached homes sold last month along with 183 condos. Year-to-Date sales are up 8.2%.

Listings, on the other hand, were down 22.6% this month and Active Listings End of Period – or inventory - was down 28.2%. “It’s no exaggeration to say that supply is extremely tight right now,” says Evoy. “That makes this an incredibly good time to list.”

St. Thomas also had its best

Ideal starter home on a quiet family oriented crescent in White Oaks, close to schools, shopping, playgrounds, and easy access to Hwy #401.

Well maintained & freshly painted Bungalow with 3 bedrooms, 2 full bathrooms, and finished lower level family room + den.

Enjoy the summer months relaxing on the large front porch, or have family barbeques in the private treed back yard on the patio under the gazebo.

Recent Updates include: Flooring 1 year, Roof 4-5 years, Furnace & A/C 4 years, Kitchen Counter-top 1 month, and newer washer & dryer.

Nothing to do here but move in… Act Quickly, this home won’t last!

Best June Ever!

In June 2016 a total of 1,133 homes exchanged hands. That makes last month the best June on record. "Not only are we on a roll, we are on a streak – a winning streak," says Stacey Evoy, President of the London and St Thomas Association of REALTORS® (LSTAR). "April 2016 was the best April ever. May 2016 lost out to May 2007 – the best month in the history of LSTAR – by only 7 units, and June was the best June ever." Sales were up Year-to-Date by 8.6%.

1,612 homes were listed last month, down 9.2%, and Active Listings End of Period – or inventory – was down a significant 24%. "We are still waiting for CMHC to make the final deliberation, but, from where we stand, it sure looks we're starting to move from a balanced market into a

Carefree 1-floor condo living in a quiet complex, ideal for Downsizers, in a desirable pocket of northeast London near the Thames River, Kilally Valley Park, shopping, and many amenities.

This well-cared-for bright & cheerful home boasts a very large kitchen with tons of cupboards & counter space, and spacious eating area. The 21’+ Living Room with Gas Insert fireplace and gorgeous hardwood floors is large enough to divide into a separate Dining Room area.

The large Master Bedroom features a walk-in closet and roomy ensuite bathroom with corner soaker tub & separate shower. Note the 2nd bedroom and 2nd full bathroom on this floor.

The main-floor laundry keeps life easy, allowing you to use all the space downstairs for storage – or finish the

Wow! Under 5 years old and shows like a Brand New Model Home! You couldn’t build a new home at this price that looks this good, in the highly desirable Talbot Village neighbourhood in southwest London – close to shopping, parks, walking trails, playgrounds, and the new French elementary school, with easy access to highways #401 & #402. Ideal for young families starting out who want to be in this great neighbourhood without breaking the bank.

Features include: Designer cappuccino & white kitchen cabinetry with stainless steel appliances. Bright master bedroom with cathedral ceiling, ensuite bathroom, and walk-in closet. Double wide driveway with interlocking stone, and 1.5 car garage with inside-entry & auto-door opener. Ceramic & plush carpet

Second Best May Ever!

1,154 homes exchanged hands in May 2016, up 9.4% over May 2015. "This makes last month the best May on record since 2007 and the second best May ever," says Stacey Evoy, President of the London and St. Thomas Association of REALTORS®. "Moreover, May 2007 beat out this past May by only 7 units!" Year-to-Date sales are up 10.4% over last year.

1,718 homes were listed in May 2016, down 5.8%, and Active Listings End of Period – or inventory – was down 24.9%. "We are waiting for CMHC to make the final deliberation, but it's starting to look as though we may be moving from a balanced market into a seller’s market," says Evoy, "meaning that now is an excellent time to think about listing your home." 

As for the City of St. Thomas,

Best April Ever!

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.

1,650 homes were listed in April, down 14.2%, and Active Listings End of Period – or inventory – was down 23.3%. "According to Canada Mortgage and Housing Corporation's Senior Market Analyst Anthony Passarelli, current market conditions are starting to resemble the seller's market conditions in 2003-2007, when quarterly prices were up 6 to 9% from the same period a year earlier," says Evoy. "Our relatively low inventory of

Why settle for a small cramped 1-bedroom apartment condo, when you can have a huge one?! This former 2-bedroom unit has been CONVERTED to a 1-bedroom, offering a massive 19.7’ x 15.3’ Master Bedroom with full ensuite bathroom and 2 closets!

Ideal for young couples or empty-nesters who want to live in the core of the city, but don’t want to sacrifice the amount of living space they have (or pay a fortune for it).

The open-concept floorplan allows you to socialize or watch TV whether you’re cooking in the kitchen, eating in the spacious dining area, or working on your computer in the handy desk area. The non-galley style kitchen boasts stainless steel appliances, ceramic floors, and an eat-in island. Note the in-unit laundry with storage area,

Like the open-concept contemporary feel of today's homes, but miss the large private back yards today's homes rarely offer? Don't miss this unique 6 bedroom 4.5 bathroom stylish home with ~4500 sq ft of finished living space... sitting on a beautifully landscaped ~109x204' private mature lot in northwest London's Cantebury Estates.

You'll be impressed the moment you walk into the grand 2-storey foyer. Take a moment to appreciate the custom designed kitchen, with an oversized granite island, high-end built-in appliances, and stylish ceiling. A spacious Family Room with fireplace, formal Dining Room with a view, Living Room with vaulted ceiling, Mud Room with space for a washer/dryer, and a Powder Room complete this level.

The 2nd level offers 3

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. “March 2016 may have come in like a lamb, says Stacey Evoy, 2016 President of the London and St. Thomas Association of REALTORS®, “but, as far as home sales go, it went out like a lion.” 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%. “Canada Mortgage and Housing Corporation predicts that 2016 will see more sales than listings,” says Evoy. “If you are thinking about listing your house, this is the kind of market you’ll want to take advantage of.”

St. Thomas