The London and St. Thomas region had the most home sales in the month of June on record.
The London and St. Thomas Association of Realtors (LSTAR) says a total of 1,133 homes exchanged hands.
“Not only are we on a roll, we are on a streak – a winning streak,” says Stacey Evoy, president of the (LSTAR).
“We are still waiting for CMHC to make the final deliberation, but, from where we stand, it sure looks like we’re starting to move from a balanced market into a seller’s market,” says Evoy.
The best-selling house style in the area last month was the two-storey, followed by the bungalow.
The average price for a detached home stood at $295,365 up 4.7 per cent.