Best April Ever!
The London-St.Thomas Association of Realtors (LSTAR)has reported that April 2010 had the highest volume of sales of any April to date. 835 detached homes and 182 condos were sold last month in their jurisdiction. This is the 4th consecutive month in 2010 that has outperformed the same month in 2009. It appears that the market is recovering well from the doldrums of early last year.
Average prices were up as well by approximately 13% but there is a caveat. The number of homes sold above $300,000 showed a marked increase over last year driving the average price up.
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