Median Canadian Home Price Posts 6.2% Year-Over-Year Gain Despite Corrections in GTA and Greater Vancouver

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 […]

Alasdair Douglas’ March 2018 Kitchener-Waterloo Real Estate Update

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 […]

Alasdair Douglas’ February 2018 Kitchener-Waterloo Real Estate Update

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 […]

Alasdair Douglas’ January 2018 Kitchener-Waterloo Real Estate Update

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 […]

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’ […]

Alasdair Douglas’ December 2017 Kitchener-Waterloo Real Estate Update

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 […]

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 […]