houses

house prices in KW, buy house in Kitchener-Waterloo and Cambridge

Home Sales – April 2022 Stats

Trends of the April 2022 housing market shows that Bank of Canada effectively fights high inflation. Mortgage rates rose sharply over the past four weeks, prompting home-buyers to delay their purchase. It will be interesting to see the balance the Bank of Canada strikes between combatting inflation versus stunting economic growth and related government revenues as …

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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 …

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Tips for Home Buyers in a Sellers’ Market

Last month (October 2019) Kitchener-Waterloo Association of Realtors’ release reported that “strong home sales continued in face of low inventory”. Home prices continuing to rise as inventory levels still well below historical averages. This is highly competitive real estate market, and the importance of working with a realtor at a seller’s market is very obvious. …

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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 …

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