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The London and area residential real estate market fared well in 2012 with a total of 8,020 homes changing hands , 28 fewer units than the 8,048 homes sold in 2011. Overall new listings were down 6.2% for detached homes and up 0.9% for condos in 2012. Inventory – the number of active listings at month end – was also down, but only by ...
Sales of detached homes in London and the St. Thomas area dipped 15.9% in November 2012, with 417 homes exchanging hands. Sales of condos, however, were up 18.8%, with the result that, Year-to-Date, total sales are down only a modest 0.3%. “Altogether 512 homes sold, down 11.1% from the previous year.New listings were down 12.9% for detached ...
$500 Housewarming Gift special offer for First-Time Home Buyers
This week a new advertising campaign announces a special offer for First-Time Home Buyers. Note that this offer is not applicable to amendments to an existing mortgage, including portability transactions, an advance of additional funds or a renewal.
Definition of a First-Time ...
For the month of October 2012, 624 homes exchanged hands in our area of London and St. Thomas Association of REALTORS® (LSTAR). 502 detached homes sold, 1.4 % up from the previous year, and 122 condos, up a resounding 38.6 % from October 2011. Altogether sales were up 7% from the previous year!
New listings were up 3.6% for detached ...
With all the news about a real
estate bubble, I felt that I should show you what the last 3 years have
been like concerning single family homes and condos in London and S/W
As you can see, London and area has
not experienced the boom or bust in prices as other Canadian ...
Real Estate residential sales in THE
London Ontario area in July 2012 edged up 0.5% over those of the
previous July with a total of 746 homes exchanging hands. 620 detached
homes sold in July – up 5.6% from the previous year – however, condo
sales dipped 18.7% as compared to July 2011.
The reason for this is there ...
proposed Healthy Homes Renovation Tax Credit in the Province of Ontario
would be a new permanent, refundable Personal Income Tax credit to
assist with the cost of permanent home modifications that improve
accessibility or help a senior be more functional or mobile at home.
credit would be worth up to $1,500 each year, ...
London Real Estate Market Stable in 2011
2011 proved a solid year for real estate sales in the London and St.Thomas area with 8,048 homes exchanging hands over its twelve-month course -- just 1% down from the previous year.
“It was a little slow coming out of the gate, but in the end we finished strong, despite ...
Daily I am asked about how real estate is doing in London Ontario. When I say a balanced market or a buyers or sellers market ,I may get a nod of understanding but most of the time I get "ah, OK"!
I read or heard that on average, our brain gets bombarded with over 1000 messages an hour and I don't know about you, but for ...
Daily I am asked how the real estate market is or what interest rates, either variable or fixed are. Interest rates are very easy to find, in newspapers, magazines; they are posted at all bank branches, billboards, TV ads and websites.Now real estate, that is totally different because it depends on whom you talk to, read or listen too. If it is ...