There were 990 home sales handled by London-St Thomas real estate agents in July, making it the 2nd best July ever; only surpassed by 2007.
Year-to-date sales increased 8.2 per cent compared to 2015 while listings were down 22.6 per cent, tightening inventory which was 28.2 per cent lower than a year earlier.
Prices in St Thomas climbed 4.6 per cent year-over-year to an average of $226,717.
Steve Randall has more than three decades of media experience encompassing online, newspapers, magazines, radio, and podcasts. He focuses on insights and news for professionals in finance, real estate, and legal services. Steve writes for multiple Key Media titles in Canada, United States, Australia, and New Zealand.
