LSTAR’s News Release for May 2022 Inventory Levels Rise, but Prices Remain Elevated In May 2022, 1,835 new residential listings were posted on the MLS® System of the London and St Thomas Association of REALTORS® (LSTAR), more than in any previous May in the Association’s history. The local housing supply increased from only 1.2 months […]
CANADA Bank of Canada Hikes Interest Rates And Its Inflation Forecast JUNE 1, 2022 Canada’s central bank reiterated its commitment to lower elevated inflation. The Bank of Canada (BoC) hiked the overnight rate and is going ahead with quantitative tightening (QT). It wasn’t much of a surprise, as it was widely expected by the market. What is […]
LSTAR’s News Release for April 2022 April Figures Suggest a Soft Landing of the Local Real Estate Market In April 2022, 877 homes traded hands in the London-St. Thomas area and 1,069 new property listings were posted on the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). The local housing supply […]
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