Royal LePage’s Q3 2021 House Price Update and Market Forecast

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 […]

For Sale, 500 Westmount Road West in Kitchener. Sold!!

Freshly updated move in ready 2 bedroom, 2 bathroom (ensuite) apartment at 500 Westmount Road West in Kitchener. This fantastic location is walking distance to Belmont Village, the Iron Horse Trail and Uptown Waterloo. Located on the quiet side of the building you will be impressed by the upgraded kitchen featuring granite countertops, wood breakfast […]

For Sale. 12 Stratus Street in Kitchener, SOLD!!

FREEHOLD END UNIT TOWNHOUSE. You won’t want to miss this immaculate move-in-ready townhouse in Kitchener’s Huron Park/Wildflower neighbourhood. Approaching the home you will appreciate the curb appeal and welcoming front porch. Upon entering the home you will find a large entranceway/hallway with a separate entrance to the large single car garage. Moving upstairs you will […]

For Sale, 136 Donald Street. Sold!!

You won’t want to miss this RENOVATED semi-detached home in Kitchener’s desirable Rosemount neighbourhood. You will appreciate the attractive and quiet residential street as you drive up to the home. Entering through the front door you will love the spacious and bright living room featuring hardwood flooring and a large picture window. walking through the […]

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 […]

Royal LePage 2021 Demographic Survey, Real Estate Trends Among Canadian Aged 25-35.

Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic 52% say remote work has increased likelihood of moving further from employer Highlights: 68% of non-homeowners aged 25 to 35 intend to purchase a home […]

Royal LePage Q3 2020 House Price Survey

Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter Fourth quarter regional highlights: Price of detached homes continue to outpace condominiums as Canadians trade location for square footage Despite strong push toward the suburbs, Toronto and Montreal single-family homes see […]

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 […]

Royal LePage 2021 Canadian Real Estate Forecast

Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience […]