Cambridge

Real Estate Waterloo region (mid-summer 2021)

611 residential homes sold in July 2021 through the MLS® System of the Kitchener-Waterloo Association of REALTORS® (KWAR). This is a decrease of 17 per cent compared to July 2020. A very low inventory and the buyers’ strong demand makes Waterloo Region one of the most competitive markets in Ontario. Here are highlights of KWAR …

Real Estate Waterloo region (mid-summer 2021) Read More »

Kitchener-Waterloo-Cambridge housing market in 2021

What to expect on Kitchener-Waterloo-Cambridge housing market in 2021? According to the outlook prepared by Statistics Canada and ReMax Report Survey, K-W and Cambridge are anticipating a home price growth around 7%. Despite the disruption of the virus, the average home price in Waterloo region went up almost 19% in 2020. It shows one of …

Kitchener-Waterloo-Cambridge housing market in 2021 Read More »

Housing Market Outlook 2020

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 …

Housing Market Outlook 2020 Read More »

Home Prices Are Up Over 44%

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 »