Latest LSTAR News
May 2008
Six hundred and fifty four (654) detached homes and 188 condos (a total 842 units) exchanged hands in the jurisdiction of the London and St. Thomas Association of REALTORS® (LSTAR) in April 2008, bringing the total number of units sold so far this year to 2,732. “Now that the spring weather has finally arrived, sales have increased by 13% over March 2008 and that’s great news!” says Bruce Sworik, LSTAR President. |
May 2008
National MLS® home sales activity will remain
strong in 2008 despite trending lower from record-level activity last year, according to a new residential forecast prepared by The Canadian Real Estate Association. National home sales are forecast to ease 11.5 per cent to 460,900 units in 2008, and to ease a further four per cent the following year. Prices are forecast to set new records in every province this year and next, but price gains will be smaller than in recent years. |
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This information is provided by the London and St. Thomas Association of REALTORS®.
The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
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