Waterloo Region Association of Realtors May Press Release, Unit Sales & Prices Down.

Waterloo Region Buyer and Listing Activity Ramps Up In May BY WRARJUNE 2, 2023MARKET STATS WATERLOO REGION, ON (June 2, 2023) — In May there were 788 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing a decrease of 10.9 per cent compared to the previous year […]

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 […]

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 […]

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 […]

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 […]

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’ 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 […]