HOME SALES IN MARCH CAME IN LIKE A LION WENT OUT LIKE A LAMB By KWAR In Market UpdatesComments KITCHENER-WATERLOO, ON (April 3, 2020) ––There were 577 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in March, an increase of 13.1 per cent compared to the same month last year, […]
Category Archives: Market Updates
05Mar STRONG HOME SALES IN FEBRUARY By KWAR In Market UpdatesComments KITCHENER-WATERLOO, ON (March 5, 2020) ––There were 467 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in February, an increase of 36.5 per cent compared to the same month last year, and 15.3 per cent above the previous 10-year […]
Toronto’s luxury condo prices forecast to surpass Montreal’s hot luxury market in 2020, according to Royal LePage Greater Montreal Area posts highest appreciation in Canada for both luxury houses (8.5%) and condos (8.3%); Greater Toronto Area luxury condos also post significant price gains (7.0%) Limited inventory and high demand will continue to fuel luxury home […]
Canadians can expect a vibrant spring real estate market, with home prices rising modestly Royal LePage recommends a regional approach to mortgage stress test if federal government goes ahead with changes in 2020 Home prices increase 2.2 per cent in Q4 as buyers continue to move off the sidelines Greater Toronto Area home prices heat […]
2019 A STEADFAST YEAR FOR HOME SALES IN KW Sales Dip in December, While Prices Continue to Escalate KITCHENER-WATERLOO, ON (Jan 6, 2020) ––There were 5,925 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2019, an increase of 1.6 per cent compared to 2018. Contrasted to past years, 2019’s annual sales were 2.3 per cent below the previous 5-year average, and 3 per cent above the previous 10-year average. On a monthly […]
Canadian real estate market to appreciate 3.2% in 2020 reflecting similar price growth in both condo and detached segments Low supply in the Greater Toronto Area expected to fuel home price growth in 2020 Greater Montreal Area forecast to see highest appreciation rate in 2020 among cities surveyed Greater Vancouver house prices forecast to stabilize […]
Thank you for visiting my blog page. Read below for the Kitchener Waterloo Association of Realtors November press release. If you were to be guided by the headline you would think that all properties in the region had experienced a massive gain in price/value. Sadly for sellers and happily for buyers this is not the […]
STRONG HOME SALES CONTINUE IN OCTOBER IN FACE OF LOW INVENTORY KITCHENER-WATERLOO, ON (November 5, 2019) ––538 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in October, an increase of 4.1 per cent compared to the same month last year. Home sales in October included 334 […]
One in five homes purchased by Canadian newcomers Canadian newcomers projected to make 680,000 home purchases over next five years 82% of newcomers choose to stay in their first city of residence 75% of newcomers arrive with savings to help purchase a home 75% of newcomers do not consider moving to the United States prior […]
Royal LePage CEO urges caution with election promises aimed at stimulating housing demand that lack concrete plans to address supply shortages Housing recovery gains strength with national aggregate price forecast to rise 1.5% during the fourth quarter of 2019 compared to same period in 2018 Price gap between condominiums and houses shrinks as median condo […]
Alasdair Douglas 