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 […]
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 […]
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 […]
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 […]
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 […]
Spring housing market poised for continued price growth following double-digit gains in fourth quarter Fourth quarter highlights: National aggregate home price increased 17.1% year-over-year in final quarter of 2021 87% of the report’s 62 regions saw double-digit year-over-year aggregate price growth in Q4 61% of the report’s 62 markets saw a quarterly aggregate price increase […]
Omicron variant emergence may extend period of unusually strong real estate markets The GTA is the only region where condominium price appreciation is forecast to outpace that of detached homes; prices expected to rise 12.0% year-over-year in 2022 Greater regions of Toronto and Vancouver forecast to see highest aggregate price appreciation at 11.0% and 10.5%, […]
Royal LePage: Canadian home prices soar as persistent supply shortage results in continued seller’s market National aggregate home price increases 21.4% year-over-year Third quarter highlights: Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared to a very strong Q4 2020 Very low inventory pushes potential […]
Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic 52% say remote work has increased likelihood of moving further from employer Highlights: 68% of non-homeowners aged 25 to 35 intend to purchase a home […]
ANOTHER RECORD-BREAKING MONTH FOR HOME SALES IN NOVEMBER KITCHENER-WATERLOO, ON (December 3, 2020) ––There were 575 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in November, marking another record-breaking month of homes sold in the Kitchener-Waterloo area. November’s home sales represented an increase of 35 per cent […]
Alasdair Douglas 