Royal LePage Fourth Quarter Housing Market Trends Seal 2017 as ‘the Year of the Condo’

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’ […]

New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018

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 […]

Alasdair Douglas’ September 2017 Kitchener-Waterloo Real Estate Update

SOLID HOME SALES IN SEPTEMBER KITCHENER-WATERLOO, ON (October 4, 2017) –– A total of 470 residential properties changed hands in KitchenerWaterloo and area through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in September. This was a decrease of 12.8 percent compared to the record number of sales in September […]

194 Simeon Street In Kitchener’s East Ward. New Price! Sold!

3+1 bedroom & 2 bathroom home on one of the prettiest tree-lined streets in Kitchener’s desirable East Ward. Schnarr built Quality! Large newly carpeted living room with large updated windows, bright and sunny separate dining room with a walk-out to the private rear deck and gardens. Large kitchen with abundant storage space and gas stove. […]

113 Pine Martin Crescent Sold!

OPEN HOUSE SATURDAY & SUNDAY 2-4 PM. Move in ready 3 bedroom & 2 bathroom home. Backs onto green-space. Open concept main floor with plenty of natural light in the living room from the large windows and in the kitchen from the newly installed sliding door leading to the park-like back yard. The kitchen features […]

Alasdair Douglas’ August 2017 Kitchener-Waterloo Real Estate Update

Homes sales continue to decline from last years strong numbers. A further sign of buyer fatigue. It is hoped that this lessening of activity will lead to a stabilization of the real estate market bringing confidence back to buyer’s and seller’s. STEADY HOME SALES IN AUGUST KITCHENER-WATERLOO, ON (September 7, 2017) ––A total of 483 […]

Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

August 17, 2017 ‘Peak Millennials’ (aged 25 to 30) to create strong wave of demand National survey shows while the peak millennial dream to own property is very strong, challenges to homeownership vary across the country The number of 25-30 year olds is set to grow again TORONTO, August 17, 2017 – According to the Royal […]