Alasdair Douglas’ February 2021 Kitchener-Waterloo Real Estate Update

RECORD NUMBER OF HOME SALES IN FEBRUARY By KWAR  In Market UpdatesComments Note: Beginning with this month’s release we are including the MLS® Home Price Index (HPI). The HPI is the best way to gauge price trends because averages are strongly distorted by changes in the mix of sales activity from one month to the next. KITCHENER-WATERLOO, ON […]

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 […]

Alasdair Douglas’ Current State of Housing Markets in Canada from CREA

On Monday, the Canadian Real Estate Association (CREA) released its national housing statistics for the month of May—the second full month of the COVID-19 pandemic. While restrictions have begun to lift in many parts of the country, much remains uncertain about the real estate industry. Below, CREA’s Senior Economist Shaun Cathcart provides an update on […]