Southwestern Ontario & LSTAR Real Estate Market Report (June 2026)
DM
Dallas Martin
Southwestern Ontario Regional Market Performance Update
Tracking local real estate indicators is essential for home buyers preparing down payment capital and homeowners planning equity extraction. This monthly market report summarizes key benchmark metrics from the London and St. Thomas Association of Realtors (LSTAR) and the Canadian Real Estate Association (CREA) for June 2026.
Understanding these numbers allows us to model precise equity audits and down payment structures, ensuring you maximize your leverage and secure wholesale rates.
| Local Service Hub | Average Market Price | Min Down Payment Required | Market Activity & Equity Opportunities |
|---|---|---|---|
| London | $662,000 | $41,200 | 18 Days on Market, 2.4 Months Inventory. High activity in Byron, Oakridge, and Masonville. |
| St. Thomas | $584,000 | $33,400 | Steady growth. Refinancing demand remains high as renewals approach. |
| Woodstock | $658,000 | $40,800 | 16 Days on Market, 2.1 Months Inventory. Strong demand near manufacturing sector. |
| Strathroy | $625,000 | $37,500 | Expanding residential demand and custom build refinancing requests. |
Refinancing & Purchase Strategy Insights
- Refinance Capacity: With average prices at $662,000 in London, homeowners who bought prior to 2021 hold substantial equity. A home equity audit can unlock up to 80% of your appraised value, letting you pay off high-interest carrying costs or fund home renovations.
- Down Payment Stacking: First-time buyers can stack their First-Home Savings Account (FHSA) and Home Buyers' Plan (HBP) to fund down payments starting as low as $33,400 in St. Thomas.
- Stress Test renewals: If your mortgage is up for renewal, remember that switches between institutions do not require stress-testing, allowing you to easily capture wholesale savings.
Speak with Dallas Martin today to perform a custom home equity audit or get pre-approved for your next purchase.
Our Trusted Lenders
Through our partnership with The Mortgage Firm, we negotiate directly with Canada's top institutional and private equity lenders.
