Welcome to LSTAR’s Virtual News Room! Scroll down to explore our statistical and non-statistical News Releases.
Growing Demand and Low Inventory Fuel Home Price Gains
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.