News

Welcome to LSTAR’s Virtual News Room! Scroll down to explore our statistical and non-statistical News Releases.

Surging Interest Rates Weigh Down on the Local Housing Market

In January 2023, only 344 residential transactions were recorded via LSTAR’s MLS® System. This makes last month the January with the lowest number of home sales seen by LSTAR since 2009. During the same period, 823 new listings came on the market, bringing the number of active listings at month’s end to 1,261.

February 3, 2023

LSTAR Welcomes 2023 President Adam Miller

The LSTAR Board of Directors is pleased to announce that Adam Miller will serve as its President in 2023. Based in St. Thomas, Miller is a Broker/Manager with Royal LePage Triland Realty. He became a REALTOR® in 2004 and joined the LSTAR Board of Directors in 2017.

January 23, 2023

LSTAR 2021 Don Smith Commercial Building Awards ceremony

LSTAR is excited to present the LSTAR 2021 Don Smith Commercial Building Awards ceremony, on Wednesday, February 22, 2023, at the Best Western Plus Lamplighter Inn & Conference Centre in London.

January 17, 2023

Quiet December Wraps Up Modest Year

299 residential properties exchanged hands last month in the jurisdiction of the London and St. Thomas Association of REALTORS® (LSTAR), bringing the total number of homes sold through the Association’s Multiple Listing Service® (MLS®) System in 2022 to 7,639.

January 5, 2023

LSTAR Past President Named 2023 ITSO President-Elect

This year, Lyle McNair of the Guelph & District Association of REALTORS® (GDAR) is the new President of Information Technology Systems Ontario (ITSO) and LSTAR's Blair Campbell its new President-Elect. The announcement was made at the ITSO Annual General Meeting, which took place on December 14th, 2022.

January 3, 2023

Local Housing Market's Correction Continues

451 residential properties exchanged hands last month through the Multiple Listing Service® (MLS®) System of the London and St. Thomas Association of REALTORS® (LSTAR), 44% less than in November 2021.

December 5, 2022

Imagine a Night Benefit & Gratitude Concert

LSTAR is excited to present Imagine a Night Benefit & Gratitude Concert on Thursday, December 8th at the Aeolian Hall, featuring Indigenous Musicians, Artists and Storytellers.

November 17, 2022

2022 REALTOR® Christmas Kettle Drive

This year's REALTOR® Christmas Kettle Drive will take place on Thursday, December 8th – in both London and St. Thomas – from 9:00 am to 8:00 pm, with 26 locations in London, and 6 locations in St. Thomas!  

November 16, 2022

LSTAR Golf Tournament Raises More Than $48,000 for Local Charities

To mark REALTORS Care® Week, LSTAR is thrilled to announce its 2022 Charity Golf Tournament raised more than $48,000 for The Grace Café, My Sisters’ Place, and Youth Opportunities Unlimited (YOU). The golf tournament fuels LSTAR’s overall community campaign giving total to more than $148,000 this year.

November 15, 2022