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 […]
Tag Archives: buying a home
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 […]
November’s Kitchener-Waterloo real estate market has returned to normal levels. It is to be expected that after last Autumn’s overheated and highly competitive market that we would see a decrease this season. Hopefully the market will proceed at a predictable pace allowing sellers to market their homes to motivated buyers not suffering from market fatigue […]
RESIDENTIAL SALES STEADY IN OCTOBER KITCHENER-WATERLOO, ON (Nov 3, 2017) –– Last month a total of 481 residential properties sold in KitchenerWaterloo and area through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR). Home sales in October were down 16.6 per cent compared to the same month last year, but […]
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 […]
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. […]
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 […]
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 […]
The volatile Kitchener-Waterloo real estate market continues to slow down. Perhaps Buyer fatigue and reducing Seller expectations SLOWER HOME SALES IN JULY KITCHENER-WATERLOO, ON (August 3, 2017) ––In July there was a total of 558 residential sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decline of 5.1 […]
Real estate reporting and statistics are a funny thing. Whenever there is anything positive to report we will see the headlines using words like “record breaking”, “hot market” and other more extravagant descriptors. When sales are down a little bit we have headlines like the one below, “listings meet buyer demand”. A better headline might […]
Alasdair Douglas 