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%, […]
Tag Archives: KITCHENER-WATERLOO
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 […]
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: 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 […]
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 […]
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 […]
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 […]
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 […]
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 