Low Supply and Interest Rates Lead to High Home Prices. The average sale price at $607,250 for October, an increase of 15.2%Read More
How’s the Kitchener-Waterloo real estate market?
The LP/SP ratio is at about 110.5% and Days on Market is averaging about 10.5 days.
The Supply is back under one month’s supply
All this means that it is solidly a still Seller’s Market.
Will October surprise us and slow down, calm down? September a repeat of August? In this month’s episode of ‘How’s the market’ I show…Read More
In this episode of ‘How’s the market?’ we look back at the last ten weeks of hyperactivity, an increasing List Price to Sales Price ratio and spend a bit of time looking at average winning Bully Offers.Read More
686 residential homes were sold in August, the most ever recorded for the month.
August’s home sales represent an increase of 48% compared to the same month last year.
The previous ten-year average number of residential sales for August is 470.
It has been an exciting and interesting year in the Kitchener-Waterloo real estate market. If I had to sum up what has happened in the past ten weeks, I would say that the spring market arrived late and is still here.Read More
The May market arrived in July this year
734 residential homes sold in July, an increase of 25.7% compared to the same month last year.Read More
How’s the market in June 2020?Read More
419 homes sold in Kitchener-Waterloo in May 2020, a decrease of 40.5% compared to May 2019.Read More
How’s the market? More listings and more sales. The market has corrected and we are on our way up again. In this video, we…Read More