Waterloo Region Association of Realtors March Press Release. Demand Remains Strong as Prices Edge Up!

Demand Remains Strong as Home Prices Increase Month-Over-Month BY WRARMAY 4, 2023MARKET STATS WATERLOO REGION, ON (May 4, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) remained subdued last month, with 670 homes sold in April, representing a decrease of 22.0 per cent compared to […]

Saving for your first home? Here’s what you need to know about Canada’s First Home Savings Account (FHSA)

When it comes to putting money away to buy their first home, the federal government’s ‘tax-free in, tax-free out’ First Home Savings Account aims to give Canadians a helping hand. As of April 1st, Canadians aged 18 or older who are purchasing their first home are eligible to enroll in a tax-free First Home Savings […]

Waterloo Region Association of Realtors March Press Release. Number of Sales Down, Prices Recover Slightly.

Home Prices Inch Up in March as We Enter the Spring Market BY WRARAPRIL 5, 2023MARKET STATS WATERLOO REGION, ON (April 5, 2023) — Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set another low last month, with 611 homes sold in March, representing a decrease of […]

Waterloo Region Association of Realtors February Press Release. Home Sales Down, Prices Stabilizing in February

WATERLOO REGION, ON (March 3, 2023) —Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set a low for the month of February, with 439 homes sold, representing a decrease of 45.0 per cent compared to February 2022 and 31.5 per cent below the previous 5-year average […]

Waterloo Region Association of Realtors, October Statistics Press Release. Unit Sales & Average Sale Prices Continue to Fall!

Fewer Home Sales in October BY WRARNOVEMBER 2, 2022MARKET STATS WATERLOO REGION, ON (November 2, 2022) —491 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 39.7 per cent compared to October 2021 and 36.2 per cent below the previous 5-year […]

2022 national home price forecast reduced to end year slightly below 2021 levels, following quarterly declines across Canada in Q3

Royal LePage forecast adjusted downward: National aggregate home price set to end year modestly below 2021 following third quarter price declines in majority of Canadian markets National aggregate home price posts second consecutive quarterly decline in Q3  Third quarter highlights: TORONTO, October 13, 2022 –According to the Royal LePage House Price Survey released today, the […]

Waterloo Region Association of Realtors, September Statistics Press Release. Unit Sales Down 25%!

Home Sales Decline in September, Market Moves Towards More Balanced Conditions BY WRAROCTOBER 5, 2022MARKET STATS WATERLOO REGION, ON (October 5, 2022) —518 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 25.3 per cent compared to September 2021 and 30.8 […]

WRAR August Stats Release, Rising Borrowing Costs Continue to Tame Home Sales in August

WATERLOO REGION, ON (September 7, 2022) — 659 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in August, a decrease of 8.1 per cent compared to August 2021 and 11.2 per cent below the previous 5-year average for the month. Total residential […]

Royal LePage’s Q1 2022 House Price Update and Market Forecast

Persistent demand coupled with low inventory drives 2022 home price forecast higher to 15% Seller’s market conditions continue as we move into the spring market, despite rising prices, further expected interest rate hikes and economic uncertainty First quarter highlights: National aggregate home price soars 25.1% year-over-year in first quarter of 2022 – highest Q1 gain […]

Homebuyers brace for continued price increases and tight competition this spring following double-digit gains in final quarter of 2021

Spring housing market poised for continued price growth following double-digit gains in fourth quarter Fourth quarter highlights: National aggregate home price increased 17.1% year-over-year in final quarter of 2021 87% of the report’s 62 regions saw double-digit year-over-year aggregate price growth in Q4 61% of the report’s 62 markets saw a quarterly aggregate price increase […]