London & St. Thomas Association of REALTORS®

Residential Activity


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

Residential property sales numbered 1,236 units in the fourth quarter of 2023, down 15 sales compared to the same quarter in 2022.

Sales slowed 2.5% for single detached homes, were up 7.7% for townhouse and row units, and were down 1% for apartment units compared to a year earlier in the fourth quarter.

Annually, residential property sales numbered 6,717 units in all of 2023. This was down 12.3% compared to the 7,658 units recorded in 2022.






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