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London area real estate market stable in 2012

Posted on 03 January 2013

The London area real estate market was stable in 2012 with total sales almost equal to the previous year. The London and St. Thomas Association of Realtors (LSTAR) said 8,020 homes traded hands in 2012, 28 fewer units than the 8,048 homes sold in 2011.
The December market reflected the rest of the year with 381 sales, down slightly from 384 sales in December 2011. “The difference is very marginal and just what we expected from our market, which has proven itself once again to be steady, reliable and balanced,” said Barb Whitney, president of LSTAR……………………………………….Full Article: Source


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