Royal LePage Q2 2020 House Price Survey and Revised 2020 Forecast

Royal LePage: National home prices rise sharply in second quarter as housing supply struggles to keep up with surge in demand Balance expected to return to market in second half of the year Two-storey house prices outpace condos as home-bound Canadians place premium on space Ontario posts Canada’s highest home price increases, with Mississauga in […]

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Alasdair Douglas’ June 2020 Kitchener-Waterloo Real Estate Update

RESIDENTIAL AVERAGE TOPS $600K FOR FIRST TIME  KITCHENER-WATERLOO, ON (July 6, 2020) ––The number of homes sold in June shot up 57.6 per cent compared to May. There were 673 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in June 2020, an increase of 2.1 per cent compared to June 2019, and an increase of 8.5 per cent compared to the previous 10-year average for June.   “After a pandemic–induced delay to the typical spring market, home sales sprung back to […]