Latest interest rate hike will soften housing market activity, but home prices are not likely to go down

Homebuyers remain determined while sellers step back in response to additional interest rate hikes: Royal LePage Home prices expected to hold steady through remainder of 2023, despite anticipated drop in activity following second consecutive increase to BoC’s overnight lending rate Second quarter highlights: TORONTO, July 13, 2023 –According to the Royal LePage House Price Survey […]

Alasdair Douglas’ June 2023 Kitchener-Waterloo Real Estate Update

Waterloo Region Real Estate Market Shows Resilience With Increase in Home Sales and Average Prices BY WRARJULY 6, 2023MARKET STATS WATERLOO REGION, ON (July 6, 2023) — In June, there were 780 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 4.6 per cent […]