The London and St Thomas Association of REALTORS® (LSTAR) announced that home sales in the London-St. Thomas area continued at a healthy pace in August, with 892 homes exchanging hands.
"Compared to August 2016, which holds an unprecedented record, the August 2017 numbers represent a slight decrease in homes sales activity. However, if you look at the historical data, last month turns out to be the best August for our REALTOR® Members since 2005," said Jim Smith, 2017 LSTAR President. "Overall, 2017 remains an incredible year for real estate across London and St. Thomas and we expect sales activity to stay fairly strong for the remainder of 2017."
"With real estate impacting so many areas of our community, such as contractors, trades, home stores and small businesses, it plays a significant role to building the local economy," Smith said. "LSTAR REALTORS® are passionate about delivering the best experience to consumers and I want to stress it's a great time to get in touch with a REALTOR® who can support all your real estate needs in this robust marketplace."