News

Welcome to LSTAR’s Virtual News Room! Scroll down to explore our latest news.

Almost $13,000 raised through LSTAR's 2024 Charity Slo-Pitch Tournament

As part of the REALTORS Care® Program, LSTAR is proud to have raised much-needed funds to support two deserving charities in our community! A huge thank you to everyone who participated in the LSTAR Slo-Pitch tournament—your support helped us raise approximately $13,000, which will be split between Ark Aid Mission and Hospice of Elgin.

August 13, 2024

LSTAR Honours 2024 Student Scholarship Award Recipients

LSTAR is proud to announce the recipients of the prestigious 2024 LSTAR Student Scholarship Awards. LSTAR grants $10,000 annually to four exceptional students, with each recipient receiving a $2,500 scholarship.

August 9, 2024

July Market Sees Strong Activity with 604 Homes Sold

In July 2024, the real estate market in LSTAR's region demonstrated significant activity, with 604 homes sold, as recorded through LSTAR's MLS® system. The average home price was $654,593, indicating the market’s pricing trends. Additionally, there were 1,531 new listings, suggesting a robust supply of homes entering the market. Overall, the data points to a dynamic and balanced market, characterized by a healthy volume of transactions and a steady influx of new listings.

August 6, 2024

Applications Now Accepted for Ontario REALTORS Care® Foundation Grants

Are you willing to be an Advocate for a deserving local organization or charity that could benefit from the Ontario REALTORS Care® Foundation’s Every REALTOR® Campaign? If so, please encourage them to apply to LSTAR no later than August 16, 2024, at 4:30 pm.

August 1, 2024

June Market Shows Steady Growth in Housing Prices

In June 2024, the real estate market in LSTAR's region saw significant fluctuations in activity, with 678 homes exchanging hands, according to the latest MLS® statistics. The average price of a home in the region was $671,309. The number of new listings in June was 1,510. We remain optimistic that the anticipated rate cuts by the Bank of Canada will stimulate the real estate market over the summer months.

July 4, 2024

Three Outstanding Individuals Recognized at LSTAR's AGM

LSTAR proudly recognized three outstanding individuals at its Annual General Meeting on Tuesday, June 25th. 

June 28, 2024

LSTAR's 2024 Slo-Pitch Tournament Gives Back to Two Local Charities

With your support and enthusiasm at the 2024 LSTAR Slo-Pitch Tournament, we were able to give back to the Community, including two amazing charities, ARK AID STREET MISSION in London and HOSPICE OF ELGIN in St. Thomas! The weather was perfect, and such a great day for everyone involved, including players, attendees, and sponsors. We can't thank you enough!

June 26, 2024

2024 LSTAR SLO-PITCH PRE-GAME PIZZA DEAL!

Head to Domino's on June 5th, 6th, 12th & 13th in London, St. Thomas & Aylmer, and take advantage of these EXCLUSIVE Pizza Deals! By ordering either of the 2 SPECIALS, a portion of your order will go directly to Ark Aid Street Mission (London) and Hospice of Elgin (St. Thomas).

June 4, 2024

May Housing Market Remains Stable

The local housing market continued its steady streak in May, with 774 homes exchanging hands via LSTAR's MLS® System. Housing supply showed signs of market stabilization, with three months of inventory in May, unchanged from the month before. Year to date, sales are outpacing 2023, with 3,161 total sales, up 1.8% from the same period last year.

June 4, 2024