In October, 557 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR), nearly identical to the 561 sales in September. Although down 7.5% compared to October 2025, the sales were on par with activity recorded over the past four years.
The Property Pedlar Blog
Thursday, November 5, 2026
Housing Sales Remain Steady in October
Saturday, October 31, 2026
November Newsletter ~ The Pedlar Team Update
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Friday, October 2, 2026
September Sales are strong
London, ON – In September, 561 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR), up 5.3% compared to September 2025 and up from the previous month, which recorded 526 sales.
Thursday, August 6, 2026
July Home Sales Show Signs of a Balanced Market
In July, 686 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). Although down 4.9% from July 2025, the sales activity is on par with activity recorded in the past four years.
“The marketplace is starting to see a little more certainty around interest rates, with the Bank of Canada maintaining its policy rate at 2.25% last month, which has remained the same since last October,” said Robin Tiller, LSTAR’s 2026 Chair. “With historically high inventory, it’s setting the stage for a busier fall market. July saw 4.9 months of inventory, with 3,367 active listings across the LSTAR region.”
The July sales-to-new listings ratio was 44.5%, up from June which came in at 41.6%.
“According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market,” Tiller said. “
Friday, July 3, 2026
June Home Sales Remain Steady
In June, 753 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). That was up 1.6%, compared to June 2025, and on par with June sales over the past four years.
“The June sales-to-new listings ratio was 41.6%, on par with May which came in at 42.8%,” said Robin Tiller, LSTAR’s 2026 Chair. “According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market. Historically, we’ve seen slower activity during the summer season, but the June data has given us a steady start.”
Average sales price saw some fluctuation last month. It was $606,614, down 6.7% from the same month a year ago. By comparison, the May average sales price was $662,292, while it was $618,665 in April. Inventory remained stable, with 4.6 months of inventory recorded in June.
Sunday, June 7, 2026
June Newsletter ~ The PEDLAR Team Update
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|




























































