real estate market: Home Sales for June in London Ontario - 06/18/09 03:13 PM
Homes sales for May in London, Ontario stayed steady. Thanks to record low interest rates, home buyers are purchasing at a steady rate, particularly first time home buyers. While the economy has taken a beaten in the manufacturing sector, overall it's steady enough and combined with the low interest rates, people … (1 comments)
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real estate market: Real Estate Market Sales Activity in April for London Ontario - 05/06/09 09:50 AM
The results of April home sales are in and the London area proved to be very active. Detached home sales increased by 1.8% over April of 2008. This is very surprising stat - I expected the numbers to be good given the activity and interest I've seen generated over the last … (0 comments)
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real estate market: Home Sales in March for London Ontario - 04/06/09 02:58 PM
Real Estate home sale numbers are in for March. Homes sales were solid for London Ontario. They were down 7% compared to March 2008 - which is encouraging (If homes sales for the remaining 9 months are 7% less then 2008's numbers, that would be a decent year).I've repeatedly said that … (0 comments)
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real estate market: London Ontario Real Estate Market Breakdown - 03/09/09 02:01 PM
I had the opportunity to listen to a CMHC (Canada Mortgage and Housing Corporation) speaker recently present their information of London Ontario's real estate market and economy. I will briefly recap some of the main points discussed. This information refers to London, St. Thomas and surrounding area.CMHC predicted around 7000 real … (1 comments)
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real estate market: Real Estate Sales for February in London Ontario - 03/04/09 12:09 PM
Real Estate homes sales numbers have been updated for the month of February. The news report can be read HERE480 Homes exchanged hands for the month. I predicted in my previous post the number would be around 500 so I was pretty close. This number is obviously down from 2008 February … (0 comments)
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real estate market: Homes Sales Update in London Ontario - 02/13/09 12:33 PM
Looking at the sales activity though the first half of February, it's not all doom and gloom - homes are selling. From what I can see, homes sales for the month are on pace to be around the 500 mark. This would be less then the previous 5 years for February … (0 comments)
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real estate market: London Ontario Real Estate Statistics for January - 02/09/09 12:19 PM
The numbers are in for January and they are down from January 2008 - which everyone knew was coming considering the current economic environment and strong sales last year. The month isn't broken down, but from what I saw home sales were very slow in the first half of January and … (2 comments)
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real estate market: Bank Foreclosures on the Increase in London Ontario - 01/09/09 11:39 AM
The London Free Press wrote an article on the increase of foreclosed homes in the area. It's not really that surprising, the main reason for the increase being the huge job losses in the manufacturing sector. St. Thomas in particular, as well as other small towns have been hit very hard. … (1 comments)
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real estate market: London Ontario Real Estate Sales For October - 11/12/08 12:03 PM
Results are in for October Real Estate sales for London and surrounding area. The number of home sales are down from last year in October. The information can be found HERE. Judging by the activity in November, it looks like the number of homes sales will be down when compared to … (1 comments)
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real estate market: London Ontario's Economy and Real Estate Market - 10/31/08 11:56 AM
I haven't commented too much on the current state of the economy in Canada or London. The media and it's entourage have managed to blow things out of proportion again, which is normal. It's created a lot of unknown, uncertainly, and panic amongst the public. Most of it's needless, but you … (1 comments)
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real estate market: Record Number of Real Estate Sales For London Ontario - 10/07/08 01:15 PM
London Ontario's real estate market continues to produce strong numbers. September 2008 was the best September ever for the real estate board in terms of number of sales. See the News Release below.For where the economy is, and where it is headed, London, Ontario is in a good position to withstand … (0 comments)
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real estate market: Building Boom Continues in London Ontario - 09/19/08 11:54 AM
The London Free Press had an article detailing London's construction industry. It is a good read and is posted below. It touches on London's diverse economy weathering the economic uncertainly in Ontario and paints a good future for the construction industry and London's economy.With the manufacturing industry really struggling and all … (0 comments)
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real estate market: Market Stats and Activity for London Ontario - 09/09/08 11:38 AM
London/St Thomas Association of Realtors has released stat information for the end of August. The market is still doing well. Homes are selling. We are in a much more balanced market now compared to past years. Below is the official news release. For a complete stat pack, click HERE.I bolded two … (0 comments)
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real estate market: London Ontario Real Estate Sales are Strong - 08/06/08 01:03 PM
Stats released by the London St. Thomas Association of Realtors show that area home sales are doing very well. July was the second best July ever on record and year to date is below last year's record year but is on pace for another tremendous year. The full stats package can … (1 comments)
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real estate market: Market Report for June 2008 - 07/04/08 10:56 AM
Market report for London, Ontario can be found HERE. Number of sales is still very strong. Down from same point last year, but that was expected as 2007 was a record year. Historically, number of sales for 2008 is proving to be another strong real estate market. Average sale price is … (1 comments)
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real estate market: Housing Market Remains Strong - 06/06/08 11:14 AM
Stats released by the London St. Thomas Real Estate Board show that May was the third best month ever for the board - based on number of sales. While conditions are still favorable for homebuyers, the key factor is the increase in the number of available listings.The total number of listings … (0 comments)
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real estate market: Market Conditions for 2008/2009 - 05/02/08 10:55 AM
After attending a seminar featuring a representative from CMHC (Canadian Mortgage and Housing Corporation) I'll touch on some key points they talked about in regards to the current and future real estate market in London, Ontario.They project price increases of 4% in 2008 and 3% in 2009. (Which I consider very … (0 comments)
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real estate market: Market Report - 04/18/08 10:24 AM
Please click on the link below to see comprehensive report on the London Ontario real estate market. Updated reports, graphs and statistics detailing home sales and listing information from the past decade.
Market Report
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real estate market: Sale's Figures for 1st Quarter 2008 - 04/04/08 11:54 AM
Sales figures are out for the first quarter of 2008. Number of sales are down 9.1% from same period in 2007 and average sale price has increased 7.1%.Of course the Free Press jumps all over the decrease in sales with words like plunged and dive. To put things in perspective, if … (0 comments)
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real estate market: Bank of Canada Official Declares London's Economy Diverse - 04/03/08 11:44 AM
I've been saying for the last year that London, Ontario's economy is diverse enough to weather any significant manufacturing slump caused by the poor dollar or other economic factors. It seems the Bank of Canada agrees with me. Read HERE.As per Article:Manufacturing now accounts for only 14 per cent of jobs … (2 comments)
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