Best February Ever!
The London and St Thomas Association of REALTORS® (LSTAR) announced residential sales achieved its best February results ever, since LSTAR began tracking sales data in 1978. A total of 763 homes were sold in February, an increase of 17% over the same period last year.
"We experienced another strong month, with year-to-date sales also up by 19.5%" said Jim Smith, LSTAR 2017 President. "Again, we're observing this trend of low supply and high demand, with February having a 9.8% decrease in the number of available listings, compared to this time last year. For those considering of putting their home on the market, the current conditions are very encouraging."
In February, a total of 597 detached homes were sold, an increase of…