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category archive listing Category Archives: Market Update

Vacancy Rate Falls in Kitchener Waterloo - Again

The downward trend continues for real estate investors in Kitchener-Waterloo, Ontario.
Luckily its a downward trend in vacancy rates my clients are currently experiencing.
More specifically, ‘Vacancy Rates (%) in Privately Initiated Rental Row and Apartment Structures of Three Units and Over’ in the real estate investment properties they’re acquiring.
CMHC (Canadian Mortgage and Housing Corporation) released their […]

New Report Released About Kitchener Waterloo Real Estate

This afternoon, CMHC sent me their newest report about the Kitchener Waterloo and Guelph (they have added Guelph into the Kitchener Waterloo report this quarter) real estate market (”Kitchener and Guelph CMA Housing Market Outlook“).
There is a wealth of research and statistical knowledge contained in it, including information on new housing starts, sales volume, sales […]

Kitchener Waterloo Real Estate Market Still Red Hot

I know everyone is waiting for June stats to see if the market can keep up with itself, so without further adieu I present to you part of the official June 2007 media release issued by the Kitchener Waterloo Real Estate Board
KITCHENER WATERLOO HOME SALES UP MORE THAN 14 PERCENT THIS YEAR
KITCHENER, ONTARIO - Residential […]

The Kitchener Waterloo Real Estate market is RED HOT

WOW, what a month!
The Kitchener Waterloo Real Estate Board just released the official market stats for the month of may, and as I suspected, it was another record month for home sales
April 2007 was the first month ever, since computerized records were kept, that more than 700 homes (713 in all) and May smashed […]

Real Estate Prices in Canada Still Going Up

via http://www.inman.com/inmannews.aspx?ID=60137
The Canadian Real Estate Association reported today that a seasonally adjusted 27,630 homes were sold via the Multiple Listing Service in the nation’s major markets in November 2006, down 5.6 percent compared to November 2005 and up 1.5 percent since October 2006.
For the first 11 months of the year, unit sales via the MLS […]

Kitchener Waterloo Real Estate Market Update

Kitchener Waterloo Heat Index: 0.40

November brought us cold weather, and a slight downturn in the temperature of the market.  New listings coming on the market slowed, with 3% less active listings on the market this month than last (which is a good thing when you’re selling your home!).
Buyers have an opportunity to get […]

October Home Sales up in Kitchener Waterloo

Local 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 […]

Kitchener Waterloo Real Estate Forecast for 2007: prices still going up

Re/Max recently came out with thier annual forecast of local real estate markets across Canada. The entire report can be found here, and is a very interesting read.
Here is what they have to say about our local market in Kitchener Waterloo:
After an unusually strong start to the year, Kitchener-Waterloo’s residential real estate market has […]

**ALERT: FANTASTIC HOMES AT EVEN BETTER PRICES!**

If you’re looking for a fantastic home at an even better price in Kitchener, come drop by one of the open houses I’ll be hosting this weekend (or better yet, come to both!).
64 Overlea CR - Open house Saturday October 21, 2:00-4:00pm

64 Overlea CR is 2 story all brick semi-detached home on a quiet crescent […]

The Real Estate Market - looking good

Most people who know me know that I have a real estate business, and that I’m involved in the housing market on a daily basis. Whether I’m helping people buy and sell residential real estate, or consulting with an investor about the direction to take their real estate investment portfolio in, I’m afforded an […]

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