The year got off to a slow start for London-area realtors with sales down about 3.5%.
The London and St. Thomas Association of Realtors (LSTAR) said 438?homes sold in January, compared with 454 in the same month last year.
?We?re expecting a fairly flat, but stable market over the next year and these sales figures are pretty much in line with that,? said Doug Pedlar, who took over as LSTAR?s president last month.
New listings were down 3.8% in January while the inventory of active listings at month-end was also down 4%.
The average price for all housing types at the end of January was $229,586, down 3.9% compared with the end of December 2012.
?January has never been a great month for real estate. Looking ahead, the spring market will give us a better idea of how 2013 will shape up,? Pedlar said.
In 2012, 8,020 homes sold in London-St. Thomas, down from 8,048?homes sold in 2011.
hank.daniszewski@sunmedia.ca
twitter.com/HankatLFPress
?
?
Source: http://www.lfpress.com/2013/02/01/london-stthomas-housing-market-has-slow-start
linkedin CES 2013 joe budden notre dame notre dame football Bcs Bowl Chuck Hagel
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.