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…Read More
In this episode of “How’s the Kitchener-Waterloo real estate market”, I’ll show you that there is lots of unusual activity. We look at:
# of new listings
# of conditional sales
# of bully offers
Holding offers and irrevocable time
Kitchener Waterloo Real Estate News Tuesday March 17, 2020 Tuesday March 17, 2020. In this week’s Kitchener-Waterloo Real Estate News: COVID-19, Coronavirus, recession and…Read More
A bi-weekly video of Kitchener-Waterloo real estate market activityRead More
The total number of homes available for sale in active status at the end of February was 447, a decrease of 39.4% compared to February 2019.
This is 62% below the previous ten-year average of 1,179 listings for February.
The number of Months Supply (also known as absorption rate) in February was just 0.9 months, 40% per cent below the same period last year.
The previous ten-year average supply of homes for February was 2.55 months, and in the past 5 years the average supply for February was 1.76 months.Read More
Wednesday March 4, 2020. In this week’s Kitchener-Waterloo Real Estate News: data, millennial movements, closing costs, parking spots, stress test adjustments, Toronto-Waterloo Corridor, China’s air pollution, selling under average…Read More
In this edition of “how’s the market” we visit the updated spreadsheet showing what’s been listed and sold for clients so far in 2020. Now that we are at the end of February, the data shows that list price to sale price ratio is edging up a little.
We start off with some acronyms:
FONFAH — that’s what is my clients are feeling!!
Wednesday February 19, 2020. In this week’s Kitchener-Waterloo Real Estate News: spreadsheets, videos, Toronto-Waterloo Region corridor, Waterloo Region’s growth, airbnb, condo prices, narwals, sales down, new cities, data…Read More
Six weeks into the year and there is either a lot of activity or not much happening depending on your budget range.
The key takeaways from this update:
1) Homes are selling for an average of 10% over list price
2) 10% of the homes selling are not waiting for offer night. They are instigating BULLY OFFERS
3) High priced homes and mid priced homes are slow to come to the market.
1) Almost everything that was listed in January is now already sold.
2) The LP/SP ratio rose by 2%. But that can be explained by seasonality.
Kitchener-Waterloo Real Estate Market Report January 2020 — Consumers can’t buy what’s not there. For the third consecutive month, the number of sales was…Read More