518 homes were sold September 2022 through MLS® System of the Waterloo Region Association of REALTORS®, a decrease of 25 per cent compared to September 2021 and 31 per cent below the previous 5-year average for the month. The number of months of inventory is up 180 per cent compared to September of last year, […]
Home Sales – September 2022 Stats Read More »
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 »
Before to rent a property that you own, you have to know the basics of the rental legislation in Ontario. It is a Residential Tenancies Act. Don’t even start without reading RTA first. If you are a new landlords, my advise would be to get to know other legislative acts besides RTA. What are they,
Being a Landlord in Ontario Read More »
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 »
This is a rhetorical question that I hear every year since I started my real estate career. Soon it will be 13 years. Realtors, along with the public, have access to different sources that can help predict the outcomes of what is going to happen to real estate prices. Since August 2020 I ran across
Will housing prices drop in Ontario? Read More »
When you are a first-time home-buyer, you are facing a tough decision. A tough choice to make. What is better to buy – a house, a townhome, or maybe an apartment in a high-rise condo? Where to buy? In an old established neighbourhood or a new suburb? It is a lifestyle choice, and you need
First-time home buyers Read More »
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 »
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,
Your Perfect Neighbourhood Read More »
The new public transit we have been waiting for the last 5 years is here! ION trains will start full operation on Friday, June 21 this year. It’s really exiting! Years of construction that caused lots of inconveninece to drivers and passengers are over. Last 18 months, when a train system was under testing, changed
Waterloo Region Transit – GRT and ION 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 »