Homebuyers brace for continued price increases and tight competition this spring following double-digit gains in final quarter of 2021

Spring housing market poised for continued price growth following double-digit gains in fourth quarter Fourth quarter highlights: National aggregate home price increased 17.1% year-over-year in final quarter of 2021 87% of the report’s 62 regions saw double-digit year-over-year aggregate price growth in Q4 61% of the report’s 62 markets saw a quarterly aggregate price increase […]

Royal LePage forecasts double-digit home price growth in Canada in 2022

Omicron variant emergence may extend period of unusually strong real estate markets The GTA is the only region where condominium price appreciation is forecast to outpace that of detached homes; prices expected to rise 12.0% year-over-year in 2022 Greater regions of Toronto and Vancouver forecast to see highest aggregate price appreciation at 11.0% and 10.5%, […]

Royal LePage Survey: 79% of real estate professionals would advise their clients to sell this winter rather than wait until spring, as demand continues to outstrip supply

Highlights: 93% of survey respondents in British Columbia said they would advise their clients to sell this winter, rather than wait until spring; the highest in the country, followed by Quebec (87%) Nationally, 82% of those who would recommend selling this winter said the main reason is a lack of housing supply coupled with high […]

Royal LePage’s Q3 2021 House Price Update and Market Forecast

Royal LePage: Canadian home prices soar as persistent supply shortage results in continued seller’s market National aggregate home price increases 21.4% year-over-year  Third quarter highlights: Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared to a very strong Q4 2020 Very low inventory pushes potential […]

Royal LePage, Solving Canada’s Housing Affordability Crisis

While the housing affordability crisis is top of mind for many Canadians trying to get into the market, the chronic housing shortage that is the source of the problem, has been challenging many urban centres from coast-to-coast for years.  Canada’s housing affordability crisis affects almost everyone, directly or indirectly. There are positive social and health […]

For Sale, 500 Westmount Road West in Kitchener. Sold!!

Freshly updated move in ready 2 bedroom, 2 bathroom (ensuite) apartment at 500 Westmount Road West in Kitchener. This fantastic location is walking distance to Belmont Village, the Iron Horse Trail and Uptown Waterloo. Located on the quiet side of the building you will be impressed by the upgraded kitchen featuring granite countertops, wood breakfast […]