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 […]
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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% […]
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 […]
Are you in the market for a new home? Before you start attending showings, there are several things you can do to prepare yourself and your family for one of the largest purchases you will ever make. With housing stock at historic lows and tight competition among buyers, you may be able to give yourself […]
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%, […]
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 […]
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 […]
05Mar STRONG HOME SALES IN FEBRUARY By KWAR In Market UpdatesComments KITCHENER-WATERLOO, ON (March 5, 2020) ––There were 467 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in February, an increase of 36.5 per cent compared to the same month last year, and 15.3 per cent above the previous 10-year […]
2019 A STEADFAST YEAR FOR HOME SALES IN KW Sales Dip in December, While Prices Continue to Escalate KITCHENER-WATERLOO, ON (Jan 6, 2020) ––There were 5,925 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2019, an increase of 1.6 per cent compared to 2018. Contrasted to past years, 2019’s annual sales were 2.3 per cent below the previous 5-year average, and 3 per cent above the previous 10-year average. On a monthly […]
Alasdair Douglas 