September, 2020

Wednesday September 30, 2020 Kitchener Waterloo Real Estate News


I’ve noticed a trend with homebuyers this year. Homebuyers are less willing to view properties that they don’t think they would be interested in buying. Browsing is over. Listings get few showings but on offer night, offers come in and come in high, often without conditions. With open houses being discouraged and with Covid-19 protocols being in place for viewings, there is only one other thing KW Realtors could do a lot better to help keep the home buying public safe — We could price homes a little closer to market price. What is the point of listing a home 20% below market price and bringing 30 homebuyers and their agents out to view it? It’s irresponsible. And off trend. And unnecessary.

Canadian Cities Where It’s Cheaper to Buy a Home Today Vs. 5 Years Ago: REPORT


National home sales and listings continued to climb in housing markets across the country this August, as some of the pressure from pent-up demand was released this summer when pandemic restrictions eased. Buyers returning to the market did so with refocused housing priorities; a growing number began looking to suburban and rural markets in search of greater square footage relative to what’s available in denser urban centres.