Houses for Sale in London, ON

What is the current state of the real estate market for houses in London? Is it a buyer's or seller's market?

The average house price in London is $764,744, based on Strata.ca statistics. Those wanting to buy a house in this city have about 1,466 listings to choose from. The average selling time of a house here is 26 days. Right now, the market for London houses is more favourable for buyers than it is for sellers.