June 22, 2017 – Kitchener Waterloo Real Estate Update

June 22

Today is June 22, 2017.

This is a Kitchener Waterloo Real Estate Update



Kitchener-Waterloo and Windsor

The census metro areas of Windsor and Kitchener-Cambridge-Waterloo posted the biggest drops in affordability in the country at 11.9 and 9.4 percentage points, respectively. Overall, Canadian housing affordability declined in the first quarter of the year, but that was then. The market has since changed and homebuyers are now in control in the country’s most-expensive real estate markets.

Vacant home tax will be hard to enforce

There may be 15,000 to 28,000 residential units in Toronto sitting vacant. The problem is, under the new housing plan announced in April, how do you tax them?

Puslinsh Lake home tour

Puslinsh Lake, one of the deepest kettle lakes in North America is having its annual tour of homes this Saturday. It is a unique tour using pontoon boats to transport visitors between homes.

Fool me once. Fool me twice.

Won’t get fooled again. The government of Canada does not expect interest rates to rise this year. Really? When did this happen?

Returning an overdue copy of ‘He said, she said’

Waterloo revamps it’s bylaws for the first time ever getting rid of bylaws that are no longer necessary, like rules about video cassette rental stores. Parking standards may also be addressed.

Bypassing Elmira

Woolwich township is reorganizing the settlement boundaries in both Elmira and St. Jacobs, juggling some parcels of land in and out of town based on development potential as part of Waterloo Region’s new official plan.

1973 Photos of Kitchener Waterloo

KW landmarks, Pontiacs and trolly busses in this photo series about Kitchener’s old trolly bus system.

Stay out of trouble

Waterloo Region’s expanding cyber security cluster just got another new addition. ESCRYPT opened a newly renovated 11,000-square-foot space in Waterloo.

Condo style living without the condo

This home is a dream for urbanites, young professionals, hobbyists, artists, AirBnB hosts, investors, and those with home-based businesses

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