Monday, December 8, 2008

The Market for November!

The London and St. Thomas Association of REALTORS® (LSTAR), reported that 386 homes exchanged hands last month. The year to date sales are down 11% compared to 2007, but this year is becoming a return to a balanced resale market with more normal sales levels. The average price of homes in the area continues to rise slowly but this does seem to be a great time to buy that retreat that you have been thinking about!

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