Simplified Market Update July 2020

Simplified Market Update July 2020

Residential average tops $600k for the first time. If you were anticipating a strong rebound in the real estate market in Kitchener-Waterloo after the official Phase 2 reopening you were right. We…

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Simplified Market Update June 2020

Simplified Market Update June 2020

It’s another month of fewer homes sold but continuing rising prices? Are you surprised? Naturally with people in quarantine, the number of homes sold will be substantially less. But the indicator that…

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Is space the new luxury? COVID-19 Trends

Is space the new luxury? COVID-19 Trends

Last week I was contacted by Daina Goldfinger at Global News to discuss real estate trends in Waterloo Region related to COVID-19. She sought to answer the question: Could the coronavirus prompt…

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Simplified Market Update: May 2020

Simplified Market Update: May 2020

Would you believe that while the number of homes sales dropped drastically in Waterloo Region, homes prices continued to climb during a worldwide pandemic? Well that’s exactly what happened during the month…

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Simplified Market Update: April 2020

Simplified Market Update: April 2020

In Like a Lion, Out Like a Lamb — Prices continued to rise during the month of March 2020 and townhomes took the lead in two stats, while the days on market…

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What will happen to the Waterloo Region real estate market during and after COVID-19?

What will happen to the Waterloo Region real estate market during and after COVID-19?

What always happens to the real estate market — it will reflect supply and demand. It will respond to trends in movement, trends in building, trends in financial markets, trends in employment.…

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Simplified Market Update: March 2020

Simplified Market Update: March 2020

Strong Home Sales Spring Up — Spring has definitely sprung early in Waterloo Region. Both in weather and home prices! Sale prices across the board are rising, homes styles, particularly single detached…

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Simplified Market Update: February 2020

Simplified Market Update: February 2020

Fewer Home Sold and Not Enough Homes for Buyers — So what was the theme for January 2020? It was a tough one for buyers and a little misleading when you see…

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Simplified Market Update: January 2020

Simplified Market Update: January 2020

Sales Dip in December, While Prices Continue to Escalate Year Over Year — It was a steadfast year for home sales in KW with single detached homes taking the lead on the…

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Simplified Market Update: December 2019

Simplified Market Update: December 2019

Low Inventory, Rising Prices, Slowing Sales — Substantially low inventory levels and a continual attraction of home buyers from outside of our Region is fueling continuing rising prices despite the number of…

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