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Coronavirus: London-St. Thomas home sales down more than 50% in April

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2020 was on track to be “another record year” for the London and St. Thomas Association of Realtors (LSTAR), but the novel coronavirus pandemic has resulted in a dramatic decrease in home sales in the region.

According to LSTAR, there were 469 home sales in April 2020, down 55.4 per cent from April 2019. Listings were also down 50.3 per cent from the year before with just 738. “As anticipated, the volume of sales was one of the lowest for April since the association started tracking data, back in 1978,” said 2020 LSTAR president Blair Campbell.

Campbell added, however, that the data is not surprising considering the province prohibited open houses at the beginning of April, many sellers decide to postpone putting properties on the market

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
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India
India
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Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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