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The London and area residential real estate market fared well in 2012 with a total of 8,020 homes changing hands , 28 fewer units than the 8,048 homes sold in 2011. Overall new listings were down 6.2% for detached homes and up 0.9% for condos in 2012. Inventory – the number of active listings at month end – was also down, but only by ...
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Sales of detached homes in London and the St. Thomas area dipped 15.9% in November 2012, with 417 homes exchanging hands. Sales of condos, however, were up 18.8%, with the result that, Year-to-Date, total sales are down only a modest 0.3%. “Altogether 512 homes sold, down 11.1% from the previous year.New listings were down 12.9% for detached ...
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Warning! Don't Put Your Home on the Market Until You've Read This Report...Avoid 11Hidden Mistakes That Could Cost You Hundreds...Even Thousands of Dollars!Selling your home can be an exhausting experience. Last minute walk-throughs, inconvenient calls, price adjustments and the possibility of being stuck with two mortgages are real ...
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If you would like to know or even debate the predictions and forecasts by CMHC (Canadian Mortgage Housing Corporation) for London and area for the balance of 2012 and 2013, here is the latest 7 page report.It will cover:Bright Spots in the local economyHousing startsLondon Employment ForecastMortgage Rate ForecastsResidential Investor ForecastsThe ...
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For the month of October 2012, 624 homes exchanged hands in our area of London and St. Thomas Association of REALTORS® (LSTAR). 502 detached homes sold, 1.4 % up from the previous year, and 122 condos, up a resounding 38.6 % from October 2011. Altogether sales were up 7% from the previous year!
New listings were up 3.6% for detached ...
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With all the news about a real
estate bubble, I felt that I should show you what the last 3 years have
been like concerning single family homes and condos in London and S/W
Ontario.
As you can see, London and area has
not experienced the boom or bust in prices as other Canadian ...
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Regardless if you are a residential home buyer or seller, a renter or an investor, looking at the current real estate market in London Ontario and the last 10 years of activity shows that the London and South West Ontario Real Estate market is stable.
As you will see, there have been no large dips or upswings in prices or activity. ...
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Real Estate residential sales in THE
London Ontario area in July 2012 edged up 0.5% over those of the
previous July with a total of 746 homes exchanging hands. 620 detached
homes sold in July – up 5.6% from the previous year – however, condo
sales dipped 18.7% as compared to July 2011.
The reason for this is there ...
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As I work with both condo sellers and
buyers, I am always asked what the market is doing, when is the best
time to buy or sell, how much to offer and how much to list for.
As with any condo, the neighbourhood, style and condition of a home reflects on price and quickly they sell.
Below is a breakdown of ...
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There is not a day that goes by without someone asking me "How is the real estate market in London"? Why I ask and usually ot is because on the news they have heard or read that there is a bubble, prices may tumble or houses are in demand and so on.
The London real estate market is not like the Toronto, Calgary ...
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