Royal LePage Q2 2018 House Price Survey and Market Forecast

Expect an Uptick in National Home Prices Next Quarter Following Sluggish First Half of 2018 Greater Toronto Area (GTA) expected to post third quarter price gains after price declines in the second quarter Greater Montreal Area home price appreciation surpasses the national rate for the first time in seven years Greater Vancouver home values forecast […]

Alasdair Douglas’ June 2018 Kitchener-Waterloo Real Estate Update

HOME SALES DOWN IN JUNE, PRICES UP KITCHENER-WATERLOO, ON (July 5, 2018) ––June home sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were down 12.8 per cent compared to last month and down 15.6 per cent compared to last year’s June which was the second highest on record. […]

Home Improvement Return On Investment

Kitchen renovation has greatest potential to boost a property’s sale price Prospective sellers likely to spend less than 2.5% of a home’s value on home improvement TORONTO, JUNE 28, 2018 – According to a cross-Canada survey of over 750 Royal LePage real estate experts, a kitchen renovation is the clear upgrade of choice with the potential […]

Alasdair Douglas’ May 2018 Kitchener-Waterloo Real Estate Update

The Kitchener-Waterloo real estate market continues to fluctuate as compared to last years activity. Sales are down compared to last year but inventory levels are down as well. Read below for the KWAR May Press Release. STRONG HOME SALES IN MAY KITCHENER-WATERLOO, ON (June 4, 2018) –– Last month home sales through the Multiple Listing […]

Alasdair Douglas’ April 2018 Kitchener-Waterloo Real Estate Update

APRIL HOME SALES BRISK KITCHENER-WATERLOO, ON (May 3, 2018) –– In April, the 616 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were up 13.7 per cent compared to last month and down 19.6 per cent compared to home sales a year ago. “Home sales in […]

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’ […]