Waterloo Region Association of Realtors October Press Release

Home Sales Picked up in October but Still Subdued BY WRARNOVEMBER 3, 2023MARKET STATS WATERLOO REGION, ON (November 3, 2023) — In October, there were 559 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 12.2 per cent compared to the previous year and a […]

Renewal jitters: Canadians concerned about upcoming mortgage renewals consider extending their amortization periods, switching lenders

74% of mortgagees with lending agreements set to renew within the next 18 months report feeling concerned about higher interest rates Highlights: TORONTO, October 26, 2023 – According to a recent Royal LePage survey conducted by Nanos,[1] 74 per cent of Canadians with a residential mortgage set to renew within the next 18 months say they are […]

Royal LePage’s Q3 2023 Home Price Update and Market Forecast

Despite weakened activity, Canadian home prices expected to remain stable for remainder of 2023 National year-end price forecast downgraded modestly following sluggish third quarter: Royal LePage Expect stable home prices through remainder of 2023 despite lower sales volumes Third quarter highlights: TORONTO, October 12, 2023 – According to the Royal LePage House Price Survey released today, […]

Waterloo Region Association of Realtors September Press Release

Surge of New Listings in September Against Low Number of Sales BY WRAROCTOBER 4, 2023MARKET STATS WATERLOO REGION, ON (October 4, 2023) — In September, there were 527 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 0.2 per cent compared to the previous year […]

Waterloo Region Association of Realtors August Press Release

Soft Home Sales in August Coupled with Strong Listing Activity WATERLOO REGION, ON (September 6, 2023) — In August, there were 568 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing a decrease of 14.2 per cent compared to the previous year and a decline of 23.5 […]

Waterloo Region Association of Realtors July Press Release.

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 […]

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 […]

Waterloo Region Association of Realtors May Press Release, Unit Sales & Prices Down.

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 […]

Royal LePage 2023 Real Estate Investor’s Report

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 […]