real estate market Kitchener-Waterloo
Canada Mortgage and Housing Corporation (CMHC) just released Market Outlook 2020 for major Canadian cities. Let’s have a look at our area Kitchener-Cambridge-Waterloo (KCW). Here are the highlights: Seasonally adjusted average prices in Kitchener-Cambridge-Waterloo (KCW) have been climbing since the fourth quarter of 2018; For the next two years (2020-2021) the resale market in KCW […]
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When you purchase a home, you hope it will go up in value. Like a good investment. But there’s something else that you need to remember: the neighbourhood. The neighbourhood plays a key role in what the home will be worth in the years to come. If the neighbourhood goes down in terms of desirability,
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KWAR (Kitchener-Waterloo Association of REALTORS®) published home sales stats of July 2019. Here are numbers: 586 residential properties sold in July, representing an increase of 15.1 per cent compared to the same month last year; The average sale price of all residential properties sold in July increased by 9.3 per cent to $521,101 compared to
Strong K-W Home Sales July 2019 Read More »
Home sales slowed in December while home prices increased Here are major points of 2018 statistics: The number of homes sold and purchased in 2018 went down 11.1% if to compare with 2017 Average sale price of all residential properties sold in 2018 increased 3.4% Demand was continuing to outpace supply Average days to sell in 2018 was 24 days, compared
KITCHENER-WATERLOO HOME SALES in 2018 Read More »
Real estate prices in Canada increased in average 44% since 2014. It was a wild run over the past few years. Though Canadian Real Estate Association numbers showed that price increase slowed down October and November 2018. Price growth is now close to target inflation, but over the past 5 years they’ve increased by over 44%. This
Home Prices Are Up Over 44% Read More »
NOVEMBER HOME SALES KITCHENER-WATERLOO, ON Last month a total of 483 residential properties sold in Kitchener-Waterloo and area through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR). Home sales were up 14.2 per cent in November compared to the same month last year, and up 19 per cent compared to the previous
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On October 16, 2018 Royal LePage released a House Price Survey that showed healthy growth in home prices across Kitchener/Waterloo/Cambridge in the third quarter of 2018. During the period of one year, an average price of a home in the region rose 6.0 per cent to $508,391 since October 2017. Just for comparison over the
Home Prices in Kitchener, Waterloo and Cambridge Read More »
Zoocasa has released a new report- Ontario’s most affordable housing markets – showing which of the province’s housing markets offers the best deal for home buyers. Here is short synopsis how they came to their numbers: Average home price (Zoocasa used information of 28 housing markets across the province) were aligned with median household income;
Kitchener-Waterloo housing market Read More »
In the beginning of August Kitchener-Waterloo Association of Realtors released a regular report of July sales (2018) in the region of Waterloo. Before to go to numbers, I would like to mark general trends in our local residential real estate. At least how we can see them at this point, and what might be interested
Home Sales in Kitchener-Waterloo July 2018 Read More »
Let us look at Kitchener-Waterloo homes sales in the previous month, and how this statistics looks in a historical context. According to KWAR (Kitchener-Waterloo Association of Relators) May 2018 was quite active – 12.5% up compared to April 2018, and down 15.3% compared to May 2017. All of us still remember the frenzy sales in
Kitchener-Waterloo home prices in May 2018 Read More »