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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…
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:
DOM
LP/SP
LOL
FOMO
FOSC
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…
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.
Other takeaways:
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…
Kitchener Waterloo Real Estate News Wednesday February 5, 2020 Wednesday February 5, 2020. In this week’s Kitchener-Waterloo Real Estate News: good house, happy winter,…
How’s the Kitchener Waterloo Real Estate Market, January 27, 2020? We have one trends developing…
Wednesday January 22, 2020. In this week’s Kitchener Waterloo Real Estate News: reversing roles, Electrohome, cancelling Hamilton’s LRT, interest rates, micro-units, best 2019 businessnstories, 50 years of Canadian housing, Maeklong Railway Market, working hard or hardly working…
How’s the 2020 Kitchener Waterloo Real Estate Market? A problem with inventory is one for buyers!
Key takeaways:
1) Single family homes priced below $600,000 are selling fast. Often in less than five days.
2) Bully offers are the rule not the exception as buyers don’t want to wait till offer night.
3) The list price to sale price ratio of homes that have sold so far this year (on my list) are selling for 8% over list price.
Wednesday January 8, 2020. In this week’s Kitchener Waterloo Real Estate News: so long to Kaohsiung, 2019 market stats, 2020 predictions, when to buy in 2020, valuable assets, top 10 business ness stories, sellers market, Taiwan motorbikes, 2016 2017 redo?
