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Home sales in November in London and the St.Thomas area were up 7.6% overall, with 551 homes exchanging hands. As a comparison, the average number of sales for November in the London Ontario between 2008 and 2012 was 535.The City of St. Thomas also fared well in November, with 44 sales, up two units from the previous year.
The average price ...
We get tons of calls every year for people wanting a fixer-upper, especially after they have just watched some TV show where a couple bought something, fixed it up and made gobs of money! Really? What about a couple who are handy or even want to be handy and who do not have to keep up with the Jones's ...
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 ...
If you would like to know or even debate the predictions and forecasts by CMHC (Canadian Mortgage Housing Corporation) for London and area for the balance of 2012 and 2013, here is the latest 7 page report.It will cover:Bright Spots in the local economyHousing startsLondon Employment ForecastMortgage Rate ForecastsResidential Investor ForecastsThe ...
Buyers Prize Safety, Value & Location
Safety, perceived value and a location close to shopping or
transportation are the most important factors Ontarians consider when buying a home, according to a new survey.
Research commissioned by the Ontario Real Estate Association
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 ...
Regardless if you are a residential home buyer or seller, a renter or an investor, looking at the current real estate market in London Ontario and the last 10 years of activity shows that the London and South West Ontario Real Estate market is stable.
As you will see, there have been no large dips or upswings in prices or activity. ...
Sales last month were up over those of the previous May 2011 by 3.5%, with 751 detached homes exchanging hands and 162 condos. This represents a 7% increase in sales for detached homes and a 10 % decrease in condo sales.
“Active listings at month’s end were down 7.3%, a bit of a departure from what we’ve seen over ...
is a lot of talk about getting your first house. It is part of the
Canadian Dream to get a house and maybe get a dog named Rover. But maybe
that first home should instead be a duplex. Why would I propose such a
thing? There are simply too many advantages to buying a duplex first.
Buying a duplex has a number of financial advantages ...