WRAR January Press Release, Number of Sales Exceptionally Low!

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 […]

Advertisement

Royal LePage’s Q4 2022 Home Price Update and Market Forecast

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 […]

Royal LePage’s 2023 Market Survey Forecast

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 […]

Waterloo Region Association of Realtors, October Statistics Press Release. Unit Sales & Average Sale Prices Continue to Fall!

Fewer Home Sales in October BY WRARNOVEMBER 2, 2022MARKET STATS WATERLOO REGION, ON (November 2, 2022) —491 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 39.7 per cent compared to October 2021 and 36.2 per cent below the previous 5-year […]

2022 national home price forecast reduced to end year slightly below 2021 levels, following quarterly declines across Canada in Q3

Royal LePage forecast adjusted downward: National aggregate home price set to end year modestly below 2021 following third quarter price declines in majority of Canadian markets National aggregate home price posts second consecutive quarterly decline in Q3  Third quarter highlights: TORONTO, October 13, 2022 –According to the Royal LePage House Price Survey released today, the […]

Waterloo Region Association of Realtors, September Statistics Press Release. Unit Sales Down 25%!

Home Sales Decline in September, Market Moves Towards More Balanced Conditions BY WRAROCTOBER 5, 2022MARKET STATS WATERLOO REGION, ON (October 5, 2022) —518 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 25.3 per cent compared to September 2021 and 30.8 […]

WRAR August Stats Release, Rising Borrowing Costs Continue to Tame Home Sales in August

WATERLOO REGION, ON (September 7, 2022) — 659 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in August, a decrease of 8.1 per cent compared to August 2021 and 11.2 per cent below the previous 5-year average for the month. Total residential […]

Royal LePage’s Q2 2022 House Price Update and Market Forecast

Royal LePage lowers 2022 national home price forecast to 5% to reflect softening markets in Ontario and B.C. Second quarter records first quarter-over-quarter national decline since Q1 2019  Second quarter highlights: National aggregate home price increases 12.1% year-over-year in second quarter of 2022; decreases 4.9% quarter-over-quarter. Royal LePage reduces national home price forecast to +5.0% […]

Royal LePage’s Q1 2022 House Price Update and Market Forecast

Persistent demand coupled with low inventory drives 2022 home price forecast higher to 15% Seller’s market conditions continue as we move into the spring market, despite rising prices, further expected interest rate hikes and economic uncertainty First quarter highlights: National aggregate home price soars 25.1% year-over-year in first quarter of 2022 – highest Q1 gain […]