Waterloo Region Buyer and Listing Activity Ramps Up In May BY WRARJUNE 2, 2023MARKET STATS WATERLOO REGION, ON (June 2, 2023) — In May there were 788 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing a decrease of 10.9 per cent compared to the previous year […]
More than 1 in 4 Canadians plan to purchase an investment property in the next five years: Royal LePage Report 51% of current investors and 23% of non-investors are considering buying an investment property before 2028 Survey highlights: TORONTO, May 25, 2023 –According to a recent Royal LePage survey[1] conducted by Leger, 11 per cent of […]
Demand Remains Strong as Home Prices Increase Month-Over-Month BY WRARMAY 4, 2023MARKET STATS WATERLOO REGION, ON (May 4, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) remained subdued last month, with 670 homes sold in April, representing a decrease of 22.0 per cent compared to […]
Canada’s real estate market: Buyers are back, but where is the inventory? With demand outpacing supply, Royal LePage adjusts forecast upward following stronger-than-expected start to 2023 First quarter highlights: TORONTO, April 13, 2023 –According to the Royal LePage House Price Survey released today, the aggregate[1] price of a home in Canada decreased 9.2 per cent year-over-year […]
When it comes to putting money away to buy their first home, the federal government’s ‘tax-free in, tax-free out’ First Home Savings Account aims to give Canadians a helping hand. As of April 1st, Canadians aged 18 or older who are purchasing their first home are eligible to enroll in a tax-free First Home Savings […]
Home Prices Inch Up in March as We Enter the Spring Market BY WRARAPRIL 5, 2023MARKET STATS WATERLOO REGION, ON (April 5, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set another low last month, with 611 homes sold in March, representing a decrease of […]
WATERLOO REGION, ON (March 3, 2023) —Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set a low for the month of February, with 439 homes sold, representing a decrease of 45.0 per cent compared to February 2022 and 31.5 per cent below the previous 5-year average […]
WATERLOO REGION, ON (February 3, 2023) —The number of homes sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) totalled 297 units, a decrease of 41.9 per cent compared to January 2022 and 31.0 per cent below the previous 5-year average for the month. “Waterloo Region’s […]
Canada ends 2022 with modest decline in national aggregate home price; prices remain well above pre-pandemic levels National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 Fourth quarter highlights: TORONTO, January 13, 2023 –According to the Royal LePage House Price Survey released today, the aggregate[1] price […]
2023 national aggregate home price forecast to end year 1.0% below fourth quarter of 2022: Royal LePage First quarter expected to show double-digit year-over-year declines, with modest quarterly price growth in the second half of next year TORONTO, December 13, 2022 –Since the Bank of Canada began raising interest rates aggressively in March of this […]
Alasdair Douglas 