Market Updates

Sept. 6, 2023

Median Price Continues to Decline

Chris Bramwell Market Report August 2023

The London median home price decreased slightly in August. The median price declined by $7,000.00 from its level in July. Declines in the median price were more significant in the North (-5%) and the East (-4%) Market Area. The significant increase in the median price (+15.2%) within ...

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Posted in Market Updates
Aug. 9, 2023

London Market Stalls

Chris Bramwell Market Report July 2023

The London median home price decreased significantly in July. The median price declined by $28,200.00 from its level in June. There are signs that the increases in mortgage rates are starting to impact the market. One of the key measurements affected by escalating mortgage costs has been Sales ...

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Posted in Market Updates
July 7, 2023

Home Prices Rise Slightly

Chris Bramwell Market Report June 2023

The London median home price had a modest gain in June. The median price rose by $3,200.00 from its level in May and has increased by $80,750.00 since January 2023. The year-to-year comparable shows that the median price remains slightly below the June 2022 level. Both ...

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Posted in Market Updates
June 7, 2023

Home Prices Continues to Rise

Chris Bramwell Market Report May 2023

The London median home price increased slightly in May, confirming an upward trend. The median price rose by $5,000.00 from its level in April and has increased by $77,550 since January 2023. The year-to-year comparable shows that the median price remains below the May 2022 level (-8 ...

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Posted in Market Updates
May 3, 2023

Median Home Prices Rise

Chris Bramwell Market Report April 2023

The London median home price increased significantly in April, indicating an upward trend. The median price rose by $40,000.00 from its level in March and has increased by $72,550.00 since the beginning of 2023. The year-to-year comparable shows that the median price remains below the April ...

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Posted in Market Updates
April 11, 2023

London Market Continues to Stabilize

Chris Bramwell Real Estate Market Report March 2023

The London median home price increased slightly in March. The median price declined by $8,600.00 from its level in February. Continued volatility in the median price can be expected at this time as the market stabilizes. The year-to-year comparable shows that the median price is below the March ...

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Posted in Market Updates
March 2, 2023

House Prices Rise in February

Chris Bramwell Market Report February 2023

The London median home price had a significant increase in February. The median price rose by $41,100.00 from its level in January. Volatility in the median price can be expected at this time but the sharp rise this month, in combination with other factors, might be an early ...

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Posted in Market Updates
Feb. 6, 2023

Home Prices Continue To Fall

Chris Bramwell Market Report January 2023

The London median home price continued to decline in January. The median price dropped by $14,000.00 from its level in December of last year. The year-to-year comparable shows that the median price dropped below the January 2022 level (-27.1%). All three of the London residential areas showed ...

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Posted in Market Updates
Jan. 5, 2023

Home Prices Continue to Decline

Chris Bramwell Market Report December 2022

The median home price declined in December. The median price dropped by $16,000.00 from its level in November. The total price erosion since the February high has been approximately $215,500 or 27.7%. The year-to-year comparable shows that the median price dropped below the December 2021 level ...

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Posted in Market Updates
Dec. 5, 2022

Home Prices Increase Slightly

Chris Bramwell Market Report DEC 2022

The median home price made a modest move up in November. Median prices increased by $2,500.00 from its level in October. The total price erosion since the February high has been approximately $199,500 or 25.7%. The year-to-year comparable shows that the median price dropped below the ...

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Posted in Market Updates