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 […]

Royal LePage Luxury real estate: Toronto, Montreal, Vancouver and Ottawa

Montreal’s luxury house prices post double digit gains outpacing Toronto and Vancouver since onset of COVID-19 pandemic City of Montreal posts highest luxury house price appreciation across Canada rising 15.9% year-over-year Vancouver luxury condominiums buck national trend posting double digit price growth Soft luxury condo demand creates buying opportunities in the GTA A balanced luxury […]

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’ 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 […]

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 […]

Royal LePage 2020 Forecast & Q1 Home Prices.

Royal LePage Market Forecast: National Home Prices to Show Remarkable Resilience in 2020 Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020 If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the […]

Alasdair Douglas’ March 2020 Kitchener-Waterloo Real Estate Update

HOME SALES IN MARCH CAME IN LIKE A LION WENT OUT LIKE A LAMB By KWAR  In Market UpdatesComments KITCHENER-WATERLOO, ON (April 3, 2020) ––There were 577 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in March, an increase of 13.1 per cent compared to the same month last year, […]

Alasdair Douglas’ February 2020 Kitchener-Waterloo Real Estate Update

05Mar  STRONG HOME SALES IN FEBRUARY By KWAR  In Market UpdatesComments KITCHENER-WATERLOO, ON (March 5, 2020) ––There were 467 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in February, an increase of 36.5 per cent compared to the same month last year, and 15.3 per cent above the previous 10-year […]

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 […]