This Ontario market had the best August on record

Tuesday Sep 06th, 2016

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Real estate agents in the London and St. Thomas markets in Ontario have recorded their best August sales on record.

There were 804 detached homes and 195 condos sold in the month and year-to-date sales are up 9.1 per cent. The record August follows new month-records in June and April.

Inventory continues to tighten in the market with a 29.4 per cent drop according to London and St. Thomas Association of Realtors.

"Supply continues tight and demand high," says LSTAR president Stacey Evoy. "If you're thinking of listing your home, consider the fall market."

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