News

LSTAR home sales set a new record in July, with 1,275 homes exchanging hands throughout the month in the Association's jurisdiction.

After two consecutive months of sharp declines caused by the COVID-19 pandemic, local home sales saw a strong rebound in June. The London and St Thomas Association of REALTORS® reported that 1,188 homes exchanged hands last month in its jurisdiction, up 13.8% from June 2019 and 11.7% more than two years ago.

The London and St. Thomas Association of REALTORS® announced that 668 homes exchanged hands last month in its jurisdiction, down 41.6% from May 2019 and 26.3% less than in May 2010. The number of LSTAR’s listings was 973 in May, which represents a 42.3% decrease from a year ago and 41.5% from ten years ago.

If you have any university or college-bound children or grandchildren, please encourage them to apply for one of LSTAR's $1,500 scholarships. This year, there will be again four scholarships, but, due to COVID-19, all applications - including supporting documentation - need to be submitted in electronic format. No hard copies will be accepted. In addition, all submissions must be typewritten. Handwritten applications will not be accepted.

Local home sales decreased more than 50% in April, as the COVID-19 pandemic and the social distancing rules incurred by it slowed the momentum on what was shaping up to be another record year for LSTAR REALTORS®.

London and St. Thomas Association of REALTORS® (LSTAR) announced that 866 homes exchanged hands in March, an increase of 6.9% compared to March 2019. Units sold are on par with the 10-year average.

The London and St. Thomas Association of REALTORS® (LSTAR) is thrilled to announce the selection of Bill Madder as the new Chief Executive Officer for the organization beginning April 20, 2020.

The London and St. Thomas Association of REALTORS® (LSTAR) is thrilled to announce the recipients of the 2019 Don Smith Commercial Building Awards. Recipients were honoured on March 4, 2020 at the Best Western Plus Lamplighter Inn and Conference Centre in London, Ontario.

Last month, local residential real estate transactions remained at peak levels, with 740 homes trading hands in LSTAR’s jurisdiction – only 22 less than three years ago, when the Association had its best February sales ever.