NOVEMBER SALES UP!

Last month a total of 620 homes exchanged hands, up 6.2% from the previous year, making November the first month to post a gain since June 2010. "Of course we’re pleased," says Richard Thyssen, President of the London and St. Thomas Association of REALTORS®. "November's sales speak to a stabilization of the market, probably at 2002-2003 levels, as both the Canadian Real Estate Association and Canada Mortgage and Housing Corporation forecast." Year to date sales outpace those of 2009 by 1.5%