Home Sale Numbers "Solid"
The London Free Press Reports today:
The London area real estate market showed some signs of improvement last month after a chilly winter.
The London and St. Thomas Association of Realtors (LSTAR) said 647 detached homes and 162 condos sold last month for a total of 809.
That's still down 5.8% from the same month last year but is an improvement over the last three months when sales were down 9-13% LSTAR president Jack Lane called the March numbers "solid."
"Considering how much miserable weather we had in March, I think these numbers speak to the strength of our market and I expect this positive trend to continue throughout the year," he said.
Lane noted the number of sales was just below the ten-year average sales for March of 813 homes.