The Kitchener-Waterloo real estate market continues to fluctuate as compared to last years activity. Sales are down compared to last year but inventory levels are down as well. Read below for the KWAR May Press Release. STRONG HOME SALES IN MAY KITCHENER-WATERLOO, ON (June 4, 2018) –– Last month home sales through the Multiple Listing […]
Category Archives: Market Updates
APRIL HOME SALES BRISK KITCHENER-WATERLOO, ON (May 3, 2018) –– In April, the 616 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were up 13.7 per cent compared to last month and down 19.6 per cent compared to home sales a year ago. “Home sales in […]
On a quarter-over-quarter basis, home prices decline slightly in half of key markets Condominiums continue to appreciate at fastest rate among housing types studied in the Royal LePage National House Price Composite TORONTO, April 13, 2018 – According to the Royal LePage House Price Survey[1] released today, home prices in Canada saw slowing year-over-year increases in the […]
MARCH HOME SALES RELEASE KITCHENER-WATERLOO, ON (April 6, 2018) –– In March, the 540 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), represented an increase of 43.6 per cent compared to last month and a decrease of 25.8 per cent compared to home sales a year […]
Home sales continue their decline in February. This is not a surprise, after a number of record breaking months it is not unusual for demand to lessen for a short while. As we move into the Spring season we look forward to seeing the market return to normal levels. FEBRUARY HOME SALES RELEASE KITCHENER-WATERLOO, ON […]
After a record breaking 2017 we are seeing a slower start to 2018. A combination of lower inventory and December’s strong sales are most likely the cause. As the weather warms and we see more sellers entering the market we hope that there will be enough inventory to satisfy buyer demand. JANUARY HOME SALES SNOWED […]
Fourth Quarter Housing Market Trends Seal 2017 as ‘the Year of the Condo’ Condominiums appreciate at the fastest rate of all housing types studied in the Royal LePage National House Price Composite Peak Millennials, immigration and inter-provincial migration fueling housing demand in Ontario and British Columbia Effects of Office of the Superintendent of Financial Institutions’ […]
A record breaking 2017 has come to an end. Average prices are up, sales volume is up and inventory levels are still low. It is too soon to say what 2018 will bring but it is looking like it will be as unpredictable as 2017! Read below for the KWAR’s December 2017 press release. 2017 […]
December 13, 2017 Impact of new stress test expected to be contained to first half of 2018 for most major markets Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades Compounding policies could have unintended consequences for struggling housing markets TORONTO, December 13, 2017 – According […]
November’s Kitchener-Waterloo real estate market has returned to normal levels. It is to be expected that after last Autumn’s overheated and highly competitive market that we would see a decrease this season. Hopefully the market will proceed at a predictable pace allowing sellers to market their homes to motivated buyers not suffering from market fatigue […]
Alasdair Douglas 