London & St. Thomas Association of REALTORS®

Residential Activity

Residential sales activity in the London and St. Thomas area slowed in the second quarter of 2023 compared to the second quarter of 2022.

Residential property sales numbered 2,292 units in the second quarter of 2023, edging down only 2.7% compared to the same quarter in 2022.

Sales slowed 3.7% for single detached homes, were up 9.2% for townhouse and row units, and were down 11.6% for apartment units compared to a year earlier in the second quarter.

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