What Exactly Is The Real Estate Market Like in London Ontario?
The
other day on the news there was a report about real estate and the
predictions for 2012 and the rising prices as well how in some cities in
Canada the real estate market is booming while others remain stable or
are declining.
For
those of you who know me you know I like to make decisions based on
facts and as history repeats itself, I hope the following graphs will
help you understand and see that the real estate market for houses and condos in London Ontario is stable and there is no reason why 2012 will be any different.
Units Sold To Units Listed Last 12 Months
Average Residential Prices Last 3 Years in London Ontario
Average Monthly Units Sold in london Ontario Last 3 Years
As you can see, pretty stable and there are neighbourhoods in London that are sought after and a few that you may want to think twice about. The same goes for condos in London , some complexes or buildings are a great investment while others may show a minimal increase at all over the years.
