08/13/2026
🏡 JULY REAL ESTATE MARKET UPDATE | LONDON & ST. THOMAS 📊
July brought 686 home sales across the London & St. Thomas Association of REALTORS® (LSTAR) region. While that’s down 4.9% compared to July 2025, sales activity remains right in line with what we’ve seen over the past four years.
One of the biggest stories right now? CHOICE. 👀
🏠 3,367 active listings across the region
📈 4.9 months of inventory
🔑 Interest rates are showing more stability, with the Bank of Canada holding its policy rate at 2.25%
With higher inventory giving buyers more options and a little more certainty surrounding rates, we could be setting the stage for a busier fall market. 🍂
For sellers, pricing and presentation continue to matter. For buyers, this market may offer more selection and negotiating opportunities than we’ve seen in recent years.
Thinking about making a move this fall? Send me a message — I’d be happy to chat about what these numbers actually mean for your neighbourhood and your plans. 🤍