There were 550 residential homes were sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in July, a decrease of 32.8 per cent compared to July 2021, and 32.3 per cent below the previous 5-year average for the month. “In the wake of July’s interest rate hike, home…
There were 561 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in June, a decrease of 24.0 per cent compared to the same month last year, and 17.3 per cent below the previous 5-year average. “For the fourth consecutive month we’re seeing home prices moderate…
MLS® HOME PRICE INDEX EASES FOR THIRD CONSECUTIVE MONTH There were 661 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in May, a decrease of 22.7 per cent compared to the same month last year, and 5.5 per cent below the previous 5-year average. “The…
MONTHLY PRICE GAINS EASE FOR SECOND STRAIGHT MONTH The 633 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in April 2022 is a decrease of 25.0 per cent compared to April 2021. On a month-over-month basis, sales in April were down 13.4 per cent compared…
AVERAGE PRICE DIPS FROM FEBRUARY The 725 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in March 2022 is a decrease of 27.1 per cent compared to March 2021, which continues to hold the record for most home sales in a single month. On a…
If you’re having an open house, it’s important to dress your home for success! Open houses are slowly starting to make a comeback in Kitchener-Waterloo, but they’re not always necessary as they can sometimes attract unqualified buyers or those who are just curious. There are instances though where an open house can lure that perfect…
A few small changes can drastically transform your home’s first impression! In today’s busy market, the key to getting top dollar for your home is to create huge demand. To get as many people through the door as possible, your home has to stand out from the competition. There’s no need to completely overhaul your…
Think of how amazing it would be to have a spot to escape to so that you and your family could get away from it all and just relax. There’s been a huge increase in cottage sales during the pandemic as lockdowns prevented travel and offices shut down and shifted to remote work mode. It’s…
It’s easy for homebuyers to get frustrated, especially in this market, so it’s important to start off with a solid plan and a positive mindset. Here are a few points to consider before you head out hunting for homes: Finance Forward Get pre-qualified for a mortgage so you’ll know exactly how much you can afford…
The 600 residential homes sold last month through the Multiple Listing Service® (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) is almost on par with February 2021, and an increase of 48.5 per cent compared to the previous month. The previous ten-year average number of residential sales for February is 424. “In January we…