London's housing market appears to be lagging, at least compared to other communities in the region.
The latest stats show communities such as Woodstock and St. Thomas saw increases ten times greater than in London.
Real estate board president William Cattle says the district is having a banner year for homes sales, with more than 500 homes sold by the end of May.
That's a peak that's been hit only a handful of times before.
"We do have a large influx from outside the area, Kitchener, Cambridge, London area. It's a great commuter town...they just rebranded this city as a cross roads and they're drawing a lot of industry," says Cattle.
Last month, Woodstock-Ingersoll boasted a 33% increase in home sales over the same period last year, not far off is St. Thomas, up by 32%.
London home sales rose by a meager 3%.
Also of note is the spike in the average price of a home.
It's up by 10% in Woodstock-Ingersoll, now matching London's average of $246,000.
It's no surprise that experts say the real estate boom in housing has a lot to do with the other real estate boom, the one in industry.
Many point to the massive new Sysco Food Distribution centre that's being built.
The $80,000,000 investment has already created hundreds of construction jobs.
Economic Development Commissioner Len Magyar says one industry fuels the other.
"They're building 404,000 square feet and they'll be looking to hire close to 300 people later on this fall," says Magyar.
