Strong Listing Activity in July BY WRARAUGUST 3, 2023MARKET STATS WATERLOO REGION, ON (August 3, 2023) — In July, there were 607 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 10.4 per cent compared to the previous year and a decline of 21.6 per […]
Category Archives: Market Updates
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 […]
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 […]
Waterloo Region Buyer and Listing Activity Ramps Up In May BY WRARJUNE 2, 2023MARKET STATS WATERLOO REGION, ON (June 2, 2023) — In May there were 788 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing a decrease of 10.9 per cent compared to the previous year […]
More than 1 in 4 Canadians plan to purchase an investment property in the next five years: Royal LePage Report 51% of current investors and 23% of non-investors are considering buying an investment property before 2028 Survey highlights: TORONTO, May 25, 2023 –According to a recent Royal LePage survey[1] conducted by Leger, 11 per cent of […]
Demand Remains Strong as Home Prices Increase Month-Over-Month BY WRARMAY 4, 2023MARKET STATS WATERLOO REGION, ON (May 4, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) remained subdued last month, with 670 homes sold in April, representing a decrease of 22.0 per cent compared to […]
Home Prices Inch Up in March as We Enter the Spring Market BY WRARAPRIL 5, 2023MARKET STATS WATERLOO REGION, ON (April 5, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set another low last month, with 611 homes sold in March, representing a decrease of […]
WATERLOO REGION, ON (March 3, 2023) —Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set a low for the month of February, with 439 homes sold, representing a decrease of 45.0 per cent compared to February 2022 and 31.5 per cent below the previous 5-year average […]
Fewer Home Sales in October BY WRARNOVEMBER 2, 2022MARKET STATS WATERLOO REGION, ON (November 2, 2022) —491 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 39.7 per cent compared to October 2021 and 36.2 per cent below the previous 5-year […]
Royal LePage forecast adjusted downward: National aggregate home price set to end year modestly below 2021 following third quarter price declines in majority of Canadian markets National aggregate home price posts second consecutive quarterly decline in Q3 Third quarter highlights: TORONTO, October 13, 2022 –According to the Royal LePage House Price Survey released today, the […]
Alasdair Douglas 