TRREB: Elevated Borrowing Costs Taking a Toll on Housing AffordabilityTORONTO, ONTARIO, December 5, 2023 – High borrowing costs and uncertain economicconditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023.Sales were down on a year-over-year basis, while listings were up from last year’s trough insupply. With more choice in the market, […]
Tag Archives: Alastair
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 […]
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 […]
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 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 […]
Canada’s real estate market: Buyers are back, but where is the inventory? With demand outpacing supply, Royal LePage adjusts forecast upward following stronger-than-expected start to 2023 First quarter highlights: TORONTO, April 13, 2023 –According to the Royal LePage House Price Survey released today, the aggregate[1] price of a home in Canada decreased 9.2 per cent year-over-year […]
When it comes to putting money away to buy their first home, the federal government’s ‘tax-free in, tax-free out’ First Home Savings Account aims to give Canadians a helping hand. As of April 1st, Canadians aged 18 or older who are purchasing their first home are eligible to enroll in a tax-free First Home Savings […]
Alasdair Douglas 