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 […]

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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 […]

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 […]

For Sale, 136 Donald Street. Sold!!

You won’t want to miss this RENOVATED semi-detached home in Kitchener’s desirable Rosemount neighbourhood. You will appreciate the attractive and quiet residential street as you drive up to the home. Entering through the front door you will love the spacious and bright living room featuring hardwood flooring and a large picture window. walking through the […]

Royal LePage Q3 2020 House Price Survey and Market Forecast

Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%, according to Royal LePage Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019 Delayed spring market extends through Q3 as pent up demand fuels prices and sales 97% of […]

Cooling of Canada’s Hottest Real Estate Markets Delayed Again

Canada’s residential real estate market posts strongest growth in five years in the second quarter of 2016 Central bankers expected to keep interest rates lower for longer in light of Brexit and global uncertainty TORONTO, July 13, 2016 – Canada’s residential real estate market continued to show strong appreciation in the second quarter of 2016, […]

Alasdair Douglas’ June 2016 Kitchener-Waterloo Real Estate Update

RECORD NUMBER OF HOME SALES RECORDED IN FIRST HALF OF YEAR KITCHENER-WATERLOO, ON (July 5, 2016) –– Residential property sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) had yet another record month with 740 properties sold in Kitchener-Waterloo and area in the month of June. This represents a […]

Alasdair Douglas’ April 2016 Kitchener-Waterloo Real Estate Update

The Kitchener-Waterloo real estate market continues to set new records while demand remains high and inventory remains low.  Prices continue to rise and there is no sign of buyer demand easing. Read below for excerpts from the Kitchener-Waterloo Association of Realtors March Press Release. HOME SALES HOT STREAK CONTINUES IN APRIL KITCHENER-WATERLOO, ON (May 3, 2016) […]