Real Estate Blog - Blog Archive: May, 2019

London and St. Thomas Association of REALTORS® (LSTAR) announced 1,055 homes* were sold in April, up 7.7% over April 2018. It was the fourth consecutive month to post gains over sales from the previous year, with the number of home resales above the 10-year average.

"The home resales activity in April reflects a very robust start to the spring market season," said Earl Taylor, 2019 LSTAR President. "In fact, last month was the third best April, since LSTAR started tracking data in 1978. We continue to trend higher for total sales compared to 2018 with 2,989 units sold, which is ahead 6.4% compared to the same time last year."

The average home sales price across LSTAR’s jurisdiction reached a record high of $421,375, which is an increase of 14.8%…

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