Royal LePage Q3 2020 House Price Survey

Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter Fourth quarter regional highlights: Price of detached homes continue to outpace condominiums as Canadians trade location for square footage Despite strong push toward the suburbs, Toronto and Montreal single-family homes see […]

Alasdair Douglas’ December 2020 Kitchener-Waterloo Real Estate Update

RECORD-BREAKING HOME SALES IN DECEMBER CAPS OFF AN EXCEPTIONAL 2020 KW Housing Market Remains in High Demand KITCHENER-WATERLOO, ON (Jan 7, 2021) ––There were 6,492 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2020, an increase of 9 per cent compared to 2019. Compared to previous […]

Royal LePage 2021 Canadian Real Estate Forecast

Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience […]

Royal LePage Luxury Real Estate Forecast

Toronto’s luxury condo prices forecast to surpass Montreal’s hot luxury market in 2020, according to Royal LePage Greater Montreal Area posts highest appreciation in Canada for both luxury houses (8.5%) and condos (8.3%); Greater Toronto Area luxury condos also post significant price gains (7.0%) Limited inventory and high demand will continue to fuel luxury home […]

Alasdair Douglas’ December 2019 Kitchener-Waterloo Real Estate Update & Year In Review.

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’ November 2019 Kitchener-Waterloo Real Estate Update

Thank you for visiting my blog page. Read below for the Kitchener Waterloo Association of Realtors November press release. If you were to be guided by the headline you would think that all properties in the region had experienced a massive gain in price/value. Sadly for sellers and happily for buyers this is not the […]

Alasdair Douglas’ October 2019 Kitchener-Waterloo Real Estate Update

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 […]

Alasdair Douglas’ July 2019 Kitchener-Waterloo Real Estate Update

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 […]

Alasdair Douglas’ June 2019 Kitchener-Waterloo Real Estate Update

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 […]

Alasdair Douglas’ March 2019 Kitchener-Waterloo Real Estate Update

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 […]