Category Archives: KW Housing Index UpdateLocal Real Estate Market Enters November Showing Renewed Strength
(updated with graph)
(click picture to enlarge)
The Kitchener Waterloo Housing Index rose 6 points this month, starting November at .40. Sales of residential homes rose 1.7% over October 2005, and the dollar volume of transactions this month was up 5.9%, to $112,474,829.
The average price of residential real […]
(click graph to enlarge)
The Kitchener Waterloo Real Estate market has regained some ground in the first 10 days of October, gaining two points in the overall KW Housing Index. For a detailed explanation of the KW Housing Index, click here.
Here is the Index at the start of the month. The only price range […]
(click graph to enlarge)
The KW Housing Index measures the level of buyer intensity for single family residential homes listed on the Multiple Listing Service (MLS) in Kitchener-Waterloo. The Index is compiled using raw data directly from the MLS, and buyer intensity is measured by tracking the ratio between the number of firm and conditional sales […]
The KW Housing Index for September 1, 2006 is 0.46, down from the 4 month high of 0.54. While the Index has fallen since the start of the summer, we’ve seen the markets start to move quicker as we enter the busy fall season.
The Canadian Real Estate Association is reporting that national home sales […]
The KW Housing Index gained one point over the last update, rising to .40
The ‘over $600,000′ category has seen a return to single digits (it clocked in with a big donout last time the Index was updated) due to 1 firm and 1 pending sale in the past week. The rest of the categories […]
Signs that the Kitchener Waterloo Real Estate Market is slowing are becoming more apparent. The overall KW Housing Index has slipped to .39 from .43 at the beginning of the month.
As you can see, the Housing Index continues to drop. For those readers who are not as familiar with the Index, it is […]
After a record month in May (see Market Cooling After Red Hot May) for the local housing market, June has slowed down to a more reasonable pace of growth and sales. Sales of single family residential homes for the month are down slightly, while the listing inventory has continued to grow. Price reductions are becoming […]
Hey everyone
Just wanted to post a quick update showing where the Index is now vs where it was last month at this time June 29 vs May 29).
We’ve seen our hot market continue to slow, and a clear buyers market is emerging. Total sales over a rolling 30 day period have dropped from 493 […]
USC experts predict 'soft landing' in real estate
By Glenn Roberts Jr.
Higher interest rates and energy costs, and reduced refinancing activity are also taking a toll on consumer spending, which has sunk from about 3.9 percent in 2004 to a current level of about 3 percent.
"We don't believe the housing market is going to fall off […]
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