STRONG HOME SALES CONTINUE IN OCTOBER IN FACE OF LOW INVENTORY KITCHENER-WATERLOO, ON (November 5, 2019) ––538 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in October, an increase of 4.1 per cent compared to the same month last year. Home sales in October included 334 […]
Category Archives: Market Updates
One in five homes purchased by Canadian newcomers Canadian newcomers projected to make 680,000 home purchases over next five years 82% of newcomers choose to stay in their first city of residence 75% of newcomers arrive with savings to help purchase a home 75% of newcomers do not consider moving to the United States prior […]
Royal LePage CEO urges caution with election promises aimed at stimulating housing demand that lack concrete plans to address supply shortages Housing recovery gains strength with national aggregate price forecast to rise 1.5% during the fourth quarter of 2019 compared to same period in 2018 Price gap between condominiums and houses shrinks as median condo […]
Can you afford a condo in Canada’s largest cities? Royal LePage reports on price per square foot Greater Toronto Area condo price per square foot increased 9.1% year-over-year to $743 Greater Ottawa condo price per square foot appreciated the fastest among Canada’s largest markets, rising 17.9% year-over-year to $395 Condo price per square foot in […]
STRONG HOME SALES IN JULY KITCHENER-WATERLOO, ON (August 6, 2019) ––586 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in July, representing an increase of 15.1 per cent compared to the same month last year. Home sales in July included 322 detached (up 16.4 per cent), and 62 condominium apartments (down 6.1 per cent). Sales also included 148 townhouses (up 45.1 per cent) and 42 semi-detached homes (down 22.2 per cent). “Home sales continued their strong momentum from last month,” says […]
Canadian Real Estate Market Shows Signs of a Sustainable Recovery with Modest Price Gain of 1.1% in Second Quarter Nationally, home prices expected to rise modestly by 0.4% by the end of 2019 compared to 2018, driven by gains in Toronto and Montreal Condominium prices in Vancouver decline for first time since third quarter of […]
KITCHENER-WATERLOO, ON (July 4, 2019) ––658 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in June, representing an increase of 8.8 per cent compared to the same month last year. Home sales in June included 404 detached (up 8.9 per cent), and 50 condominium apartments (down 28.6 […]
Most Canadian First-Time Home Buyers Anxious They Will Miss Out Because of an Insufficient Down Payment While Vancouver has higher home prices, first-time home buyers in Montreal are more worriedabout their down payment (58% vs. 60%) First-time home buyers in Toronto had the highest anxiety that theirdown payment would not stretch enough to buy the […]
Sluggish Start to 2019 Provides Silver Lining for First-time Home Buyers in the Country’s Largest Cities National home price growth slowed to 2.7 per cent year-over-year in the first quarter of 2019 Home prices in western Canada forecast to decline Price growth in the Greater Toronto Area (GTA) remains steady, supported by low inventory Slowdown […]
Number of Home Sales Slide in March KITCHENER-WATERLOO, ON (April 3, 2019) –– There were 511 residential sales in March through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decrease of 5.7 per cent versus the same month last year, and down 7 per cent compared to the previous […]
