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In this Kitchener-Waterloo real estate market update, I show that
average list prices are down
average sale prices are going up relative to list price
we have incidences of Bully offers occurring again
overall activity is increasing again
May is very different than April, which was different than March
Wednesday May 13, 2020, In this weeks Kitchener-Waterloo Real Estate News: home office, hair dye, coffee filters, the next 90 days, Millennials’ chance, shrinking business, Airbnb, prices fall, the office, the market right now…
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In this update of the Kitchener-Waterloo real estate market, we look at Coronavirus and it’s impact on:
1. Number of showings,
2. Average sale price
3. Number of new listings
4. Number of houses for sale
5. Number of homes sold
6. Days on Market
7. Supply of homes
8. List price to sale price ratio
Residential Home Sales There were 227 residential homes sold in Kitchener-Waterloo in April, a decrease of 63.6% compared to the same month last year….
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Wednesday April 29, 2020, In this weeks Kitchener-Waterloo Real Estate News: days, Covid-19, condo fees, fear, perception, 2020 real estate, virtually selling, home selling issues, number of showings down, home prices, U-shaped recovery
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In this video I answer 7 Questions.
What’s going on with Bully offers?
Are people still buying houses?
Are vacant properties selling?
Are tenanted properties selling?
What about re-listed properties and properties with price changes?
And do conditionally sold homes firm up and make it to sold sold?
Wednesday April 15, 2020, In this weeks Kitchener-Waterloo Real Estate News: coronavirus impacting real estate market, Realtor’s virtual showings, housing market to recover in 2021, or autumn, good time to get ready, big data, cities nicknamed, airbnbs banned, working from home…
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How’s the Kitchener-Waterloo real estate market? The impact of Covid-19 reveals contrasting activity with Bully Offer and Conditional Sales.
In this episode of “How’s the Kitchener-Waterloo real estate market we explore a lot of hyper-activity.
We look at:
The LP/SP ratios for Bully Offers vs. LP/SP for Conditional Offers in March.
Price movements
Suspensions, cancellations, re-listing and price adjustments.
Before March 15 vs. After March 15
Two client case studies
Before Coronavirus shut down Waterloo Region, we had high demand and low inventory of homes for sale.
During the first quarter of 2020, 1,327 homes were sold.
This is 14.6% more than Q1 2019.
Kitchener Waterloo Real Estate News Wednesday April 1, 2020 Wednesday April 1, 2020: In this week’s Kitchener-Waterloo Real Estate News, Covid-19, Coronavirus, March April…
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