How’s the Kitchener-Waterloo real estate market? August cutover. A special look at Bully Offers.

Ten weeks of hyperactivity

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.

The cutover

There was a bit of confusion caused by the August cutover (to a new real estate platform), which is evident in both a statistical representation as well as buyer activity. (The cutover did not go as smoothly as maybe it could have.)

Autumn Market

Now that we are into September, the Autumn market is revving up, bully offers are currently winning homes at an average of 11% over list price.

Video link

Real estate predictions for the end of 2020

Kitchener-Waterloo real estate news

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