Wednesday April 29, 2020, In this weeks Kitchener-Waterloo Real Estate News: days, Covid-19, condo fees, fear, perception, 2020 real estate, virtually selling, home selling issues, number of showings down, home prices, U-shaped recoveryRead More
How’s the 2020 Kitchener Waterloo Real Estate Market? A problem with inventory is one for buyers!
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.
Canada’s housing market improved for the 9th month in a row in November, with strong gains in both sales and price growth – a trend that’s expected to continue into 2020.Read More