
Kitchener-Waterloo Real Estate Market Report
November is the fifth consecutive month of record home sales in the Kitchener-Waterloo area.
There were 575 residential homes sold in November, another record-breaking month!
Read MoreNovember is the fifth consecutive month of record home sales in the Kitchener-Waterloo area.
There were 575 residential homes sold in November, another record-breaking month!
Read MoreIn this instalment of “How’s the market?” we witness the spring market arriving late. Buyer’s have not postponed or delayed their searches as they’ve headed out of town for the summer. They are here and out shopping in droves, especially at the entry level of the market.
In the “move up” market, there are lots of listing and sales are strong, but here buyers have a little more room for conditional offers.
Will we next go through the traditional summer slow down that usually happens between the middle of July till the middle of August? It does not seem so.
The median price of all residential properties sold in June increased 14.4% to $564,000.
The median price of a detached home during the same period increased 11.9% to $650,000.
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Read MoreCanada’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 MoreNow that the summer slow down is over and everyone is back to work, I’ve been out and about doing what I do –…
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