February has been another strong month for real estate sellers and another challenging month for real estate buyers. Units sold is up moderately (4.7%), not quite the “Frenzy” alluded to in the KWAR press release but very healthy. Kitchener-Waterloo’s real estate market still favours sellers. If you are buying be prepared to compete and to […]
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Home buyers in Kitchener-Waterloo continue to struggle with low inventory and intense competition for properties while seller’s can’t believe how easy it is to sell their home! Read below for the Kitchener-Waterloo Association of Realtors January Press Release. KITCHENER-WATERLOO, ON (February 2, 2017) ––The number of residential sales in January through the Multiple Listing […]
Low inventory combined with high buyer demand contributed to a record breaking 2016 for the Kitchener-Waterloo real estate market. Read below for the Kitchener-Waterloo Association of Realtors December press release. UNPRECEDENTED YEAR FOR HOME SALES IN WATERLOO REGION KITCHENER-WATERLOO, ON (January 5, 2017) ––There were a total of 6,655 residential sales through the Multiple Listing […]
In a tepid economy, the healthy real estate sector attracts taxation and regulation TORONTO, October 13, 2016 – Canada’s residential real estate market continued to grow in the third quarter of 2016, posting a double-digit year-over-year aggregate house price increase, according to the Royal LePage House Price Survey[1] released today. The Government of British Columbia’s […]
Low inventory and high demand continue to drive record breaking sales in the Kitchener-Waterloo real estate market. Read below for excerpts from the KWAR September press release. SEPTEMBER HOME SALES SHOW NO SIGNS OF COOLING KITCHENER-WATERLOO, ON (October 5, 2016) ––A total of 540 residential properties changed hands in KitchenerWaterloo and area though the Multiple […]
Our market update is a little late this month as I was away on vacation in sunny Scotland, you read that right, it was sunny while I was there! Sales are up again for August! Read below for excerpts from the August KWAR press release. HOT HOME SALES IN AUGUST KITCHENER-WATERLOO, ON (September 7, 2016) […]
262 Shakespeare Drive in Waterloo is a tudor style, 2473 sq ft home in the prestigious and desirable Old Beechwood neighbourhood. Pleasingly situated on a large picturesque lot surrounded by mature trees this home surely has curb appeal! From the welcoming front porch you enter the spacious and inviting front hall with a private office/den […]
Real Estate sales in Kitchener-Waterloo for the month of July have reached levels not seen since 2008 and are up slightly on last years activity. You would think that this would be seen as good news but in the current climate of runaway home prices and demand that stability is seen as a poor month! […]
Canada’s residential real estate market posts strongest growth in five years in the second quarter of 2016 Central bankers expected to keep interest rates lower for longer in light of Brexit and global uncertainty TORONTO, July 13, 2016 – Canada’s residential real estate market continued to show strong appreciation in the second quarter of 2016, […]
RECORD NUMBER OF HOME SALES RECORDED IN FIRST HALF OF YEAR KITCHENER-WATERLOO, ON (July 5, 2016) –– Residential property sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) had yet another record month with 740 properties sold in Kitchener-Waterloo and area in the month of June. This represents a […]
Alasdair Douglas 