London and Area Market Report for January

Active detached home listings for January were up 35.5% with condo listings up 13.7%, so there is a lot of activity for people listing their homes. With the larger supply of listings a more balanced market is happening. Most popular homes being listed were Bungalows followed by 2 stories then Condos. The average price for London is $212,092 making this area one of the most affordable places in Canada, especially when you compare to the average price in Vancouver at $593,000.