Home Sales in the Waterloo Region Increased in October By WRARNovember 4, 2024Market Stats WATERLOO REGION, ON (November 4, 2024) —In October, a total of 604 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 7.1 per cent increase compared to the […]
Tag Archives: housing
Despite affordability challenges, a quarter of Canadian renters plan to get a foot on the property ladder in the next two years 27% of renters say they are planning to buy a property within the next two years Among those who expect to continue renting, insufficient income noted as greatest hurdle to home ownership amid […]
Desire for lower living costs, closeness to nature, have urban dwellers considering relocation to a more affordable Canadian city Quebec City and Edmonton top choices for relocation; cost of living and proximity to nature among driving factors Highlights: TORONTO, May 29, 2024 – According to a recent Royal LePage survey of Canadians living in the greater […]
In an attempt to address the ongoing housing supply and affordability crisis in Canada, the federal government announced earlier this month that the Prohibition on the Purchase of Residential Property by Non-Canadians Act – otherwise known as the foreign buyer ban – will be extended for an additional two years. The Act was previously set […]
With a new year now underway, Canadians can expect to see a variety of changes coming to federal, provincial and local government housing legislation in 2024. From updated taxes to revised urban planning regulations, new housing laws and policies will roll out across the country in the coming months. Several of these policies promise to […]
National home prices close out 2023 above prior year, despite continued slowdown in market activity Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada Fourth quarter highlights: TORONTO, January 15, 2024 – According to the Royal LePage House Price Survey released today, the aggregate[1] price of a […]
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, […]
Alasdair Douglas 