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
There are six notable regions across Ontario currently offering friendlier average home prices than what you’ll see in and around Toronto.Read More
Canada’s real estate industry has seen a smaller impact than the general economy during the pandemic.
Residential investment is residential real estate’s direct contribution to the economy.
It includes the construction of new houses, major renovation, and ownership transfers.
Drops in residential investment are considered red flags for the economy.
Residential investment as a percent of GDP in Q2 increased to 7.48% This is up from 7.25% last year.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
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
Residential Home Sales There were 227 residential homes sold in Kitchener-Waterloo in April, a decrease of 63.6% compared to the same month last year….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
In this edition of “how’s the market” we visit the updated spreadsheet showing what’s been listed and sold for clients so far in 2020. Now that we are at the end of February, the data shows that list price to sale price ratio is edging up a little.
We start off with some acronyms:
FONFAH — that’s what is my clients are feeling!!
2019 Kitchener-Waterloo real estate market year in review. Prices up. Inventory down. Days on market also down.Read More