We are one of Canada’s largest real estate associations.

In May 2023, 1,397 new listings came on the local market and 846 homes exchanged hands via LSTAR's MLS® System. While the number of new listings is 23.9% lower than in May 2022, the number of sales is 1.3% higher than a year ago. LSTAR's overall sales-to-new listings ratio for the entire area stood at 60.6% last month, while inventory continued to decline, dwindling from 1.8 months in April to a mere 1.7 months in May.

In April 2023, 964 new properties came on the market and 723 homes exchanged hands via the MLS® System of LSTAR. The overall sales-to-new listings ratio for the entire London-St. Thomas area climbed from 63.5% in March to 75% in April, while the inventory plunged from 2 months in March to only 1.8 in April.

In March 2023, only 1,079 new residential listings were posted on the MLS® System of LSTAR, making last month the March with the third lowest number of new listings in the last decade. Home sales for the month stood at 685, the lowest seen by LSTAR in March since 2014, and inventory fell to only 2 months.