Simplified Market Update – February 2017

Simplified Market Update – February 2017

There was a frenzy of home sales in February as 474 residential homes were sold in February through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), an…

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Simplified Market Update – January 2017

Simplified Market Update – January 2017

While demand remained strong in January, the number of active listings was down significantly: There were 367 active listings at the end of January, compared to 1,068 in 2016. “The continued strong…

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2016: Unprecedented year for home sales in Waterloo Region

2016: Unprecedented year for home sales in Waterloo Region

December 2016 topped off an unprecedented year in real estate in Waterloo Region as prices for homes along with numbers of homes sold reached new heights. According to market statistics, “dollar volume…

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What’s in store for 2017?

What’s in store for 2017?

As construction of the light rail transit system (LRT) continues, Kitchener-Waterloo is expected to continue to thrive economically. In combination with the continued increase of Go-Train frequency between Kitchener and the GTA,…

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Real Estate Report on Kitchener-Waterloo 2016

Real Estate Report on Kitchener-Waterloo 2016

The Kitchener-Waterloo Housing Market saw significant growth in 2016.  The average residential sale price rose approximately 10 per cent to $382,697 up from $348,220 in 2015. Many residential listings received multiple offers,…

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First-time home buyers making it work

First-time home buyers making it work

With the new mortgage rules and home prices rising faster than ever in Kitchener-Waterloo and beyond, first-time home buyers are feeling the pinch. With the risk of being priced out of the…

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Simplified Market Update – December 2016 – Another record-breaking month in November

Simplified Market Update – December 2016 – Another record-breaking month in November

November set another all-time high in market sales, with one month still to go in 2016. “Year-to-Date Sales to the end of November have now exceeded any previous end-of-year totals on record,”…

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Move-Up and Luxury Home Buyers- Kitchener-Waterloo Real Estate Trends 2016

Move-Up and Luxury Home Buyers- Kitchener-Waterloo Real Estate Trends 2016

Kitchener-Waterloo was characterized by strong real estate market throughout 2016 with house prices increasing by an average of 10% over home prices in 2015. A series of broken sales records combined with…

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