August sales statistics released by the Canadian Real Estate Association show the national average sale price for a house in Canada has gone up…Read More
Canadian real estate buyers are shrugging off the pandemic, as a temporary inconvenience. Canadian Real Estate Association (CREA) data shows prices made a huge…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
How’s the Kitchener-Waterloo real estate market? The impact of Covid-19 reveals contrasting activity with Bully Offer and Conditional Sales.
In this episode of “How’s the Kitchener-Waterloo real estate market we explore a lot of hyper-activity.
We look at:
The LP/SP ratios for Bully Offers vs. LP/SP for Conditional Offers in March.
Suspensions, cancellations, re-listing and price adjustments.
Before March 15 vs. After March 15
Two client case studies
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
I suppose every occupation has its own sayings. It is the one thing I miss about not working in a big box brokerage anymore,…Read More
June 28 2017 Kitchener Waterloo Real Estate News Update The cauliflower effect The central bank’s job is to keep inflation at about 2%….Read More
I met a private home seller the other day. I was out with clients and they added the stop to the list. The private…Read More