housing market

housing market in Kitchener-Waterloo and 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 …

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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 …

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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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KITCHENER-WATERLOO HOME SALES in 2018

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 …

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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 …

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Kitchener Waterloo sales November 2018

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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