Gloria Plata Realtor

06/03/2026

🏡 May 2026 London Real Estate Market Update

The market is showing signs of a healthy balance with improving demand and tightening supply.

Key Highlights:
✅ Sales increased by 8.8% — More buyers are actively purchasing homes.
✅ New listings declined by 9.1% — Inventory is tightening.
✅ Average sale price remains stable at $662,292.
How different areas are performing:

North London: Still the most expensive area. Prices have softened slightly but remain strong and popular with families.
East London: Saw the largest price decline. Offers great affordability and stronger negotiating power for first-time buyers and investors.
South London: The strongest performer with significant year-over-year price growth — clearly the hottest area right now!

Overall Outlook:
The market is moving toward a healthier balance. More homes are selling, competition is gradually increasing, and sellers who price correctly are attracting serious buyers. If current trends continue, we could see stable to modestly growing prices this summer, with potential upward pressure later in the year as inventory continues to tighten.

Buyers still have good opportunities, especially in East London, while well-presented and realistically priced properties in high-demand areas are moving well.

Thinking of buying or selling? Let’s talk about how these market conditions affect your specific goals.
📲 Message me today!
Gloria Plata Realtor | Your Trusted London Real Estate Expert

05/30/2026

05/29/2026

Looking forward to see you here🎉

05/05/2026

🏠 Market Update: London & St. Thomas
The spring market is officially here, and the latest numbers show a landscape full of opportunities for both buyers and sellers! 📈

Here is the breakdown of what happened in London & St. Thomas this past month:

Sales Activity: 638 homes were sold through the MLS®. While this is a 6.6% dip year-over-year, it’s a significant jump of 52 more sales compared to March!

Buyer’s Advantage: With 5 months of inventory available and a sales-to-new listings ratio of 36%, the market continues to favor buyers, offering more selection and breathing room.

Pricing Trends: The average home price sat at $618,665. While slightly down from March overall, we saw notable price growth in St. Thomas and Strathroy-Caradoc.

Interest Rate Stability: The Bank of Canada held its key interest rate steady for the fourth consecutive time since December 2025. This consistency is a great sign for those looking for stability while planning their next move. 🤝

What does this mean for you?
Whether you are looking to find your dream home with more options to choose from or looking to sell in a stabilizing market, having the right data is essential.

I am here to help you navigate every step of the process with confidence. Whether you're in London or the surrounding areas, I am here to serve!

📩 Contact me anytime to discuss your real estate goals!

04/09/2026

In March 586 homes were sold through the MLS system in London & St Thomas’s, more sales than Feb and 4.1% more than Feb,25. Avg home price rose slightly to $627,112 showing steady demand. The market is moving. Take this opportunity. Contact me for any inquiry selling or buying. I am here for you! GLORIA PLATA with THRIVE Realty Group . 519-859-4531