Royal Lepage 2020 Housing Forecast

Canadian real estate market to appreciate 3.2% in 2020 reflecting similar price growth in both condo and detached segments Low supply in the Greater Toronto Area expected to fuel home price growth in 2020 Greater Montreal Area forecast to see highest appreciation rate in 2020 among cities surveyed Greater Vancouver house prices forecast to stabilize […]

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 […]

Royal LePage 2019 Newcomer Survey

One in five homes purchased by Canadian newcomers Canadian newcomers projected to make 680,000 home purchases over next five years 82% of newcomers choose to stay in their first city of residence 75% of newcomers arrive with savings to help purchase a home 75% of newcomers do not consider moving to the United States prior […]

Royal LePage Q3 2019 House Price Survey and Market Forecast

Royal LePage CEO urges caution with election promises aimed at stimulating housing demand that lack concrete plans to address supply shortages Housing recovery gains strength with national aggregate price forecast to rise 1.5% during the fourth quarter of 2019 compared to same period in 2018 Price gap between condominiums and houses shrinks as median condo […]

Royal LePage Median Condominium Price Report

Can you afford a condo in Canada’s largest cities? Royal LePage reports on price per square foot Greater Toronto Area condo price per square foot increased 9.1% year-over-year to $743 Greater Ottawa condo price per square foot appreciated the fastest among Canada’s largest markets, rising 17.9% year-over-year to $395 Condo price per square foot in […]

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 […]