Royal LePage House Price Update and Market Forecast

Canadian home prices forecast to end year 13.5% higher than 2020 as waning affordability and modestly improving supply begin to slow the pace of future increases First quarter regional highlights: Addressing chronically low inventory critical in solving nation’s housing affordability crisis Aggregate price of a home in Canada rose 14.1% year-over-year in the first quarter […]

Royal LePage Spring 2021 Recreational Property Report

Royal LePage: Canadian recreational house prices forecast to increase 15% in 2021 Highlights: A house in Ontario’s and Atlantic Canada’s recreational property markets expected to see highest price gains in 2021, rising 17%; Quebec and British Columbia recreational markets forecast to increase 15% and 13%, respectively 91% of recreational experts in Canada reporting lower inventory […]

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 […]

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 […]

Alasdair Douglas’ November 2020 Kitchener-Waterloo Real Estate Update

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’ October 2020 Kitchener-Waterloo Real Estate Update

KITCHENER-WATERLOO, ON (November 4, 2020) ––There were 691 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in October, the most ever recorded for the month. October’s home sales represented an increase of 28 per cent compared to the same month last year, and a decrease of 9.6 […]

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 […]

Alasdair Douglas’ September 2020 Kitchener-Waterloo Real Estate Update

REALTORS® SELL A RECORD NUMBER OF HOMES IN SEPTEMBER KITCHENER-WATERLOO, ON (October 5, 2020) ––There were 758 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in September, the most ever recorded for the month. September’s home sales represented an increase of 41.6 per cent compared to the […]

Alasdair Douglas’ August 2020 Kitchener-Waterloo Real Estate Update

KITCHENER-WATERLOO, ON (September 3, 2020) ––There were 686 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in August, the most ever recorded for the month. August’s home sales represented an increase of 48 per cent compared to the same month last year, and a decrease of 8 per […]

Alasdair Douglas’ May 2020 Kitchener-Waterloo Real Estate Update

HOME SALES CLIMB IN MAY COMPARED TO RECORD-LOW APRIL, AVERAGE SALE PRICES SHOW STRENGTH KITCHENER-WATERLOO, ON (June 3, 2020) ––There were 419 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in May 2020, a decrease of 40.5 per cent compared to May 2019, and an 80 per […]