We just looked at the statistics for the Kitchener Waterloo Real Estate market in March 2010; now, lets delve into it a bit deeper with a video. I also talk about the new mortgage rules from CMHC affecting everyone in Canada (see: How will CMHC’s new mortgage rules impact real estate investors in Canada?). Click [...]
Tag Archives | market update
Update: Kitchener Waterloo Real Estate Market, March 2010
Monthly/Yearly Kitchener-Waterloo Real Estate MLS Stats for March 2010 - Residential KW real estate sales UP 47.1% and 52.3% for the year. Best March EVER with 731 homes sold in Kitchener Waterloo Days on market is down from 55 to 43 for the year. Sales to active ratio 25.8% was 16.2% in 2009, meaning 1 in 4 listed [...]
Recent Sale Prices of Kitchener Condos at 565 Greenfield
One of my clients, a real estate investor from Toronto, asked me what units at 565 Greenfield in Kitchener, Ontario were selling for. This Kitchener condo complex is well located near Fairview Park Mall in the south end of town, and has easy access to the 401 and the expressway into Kitchener Waterloo. The condominiums [...]
Market Update: Real Estate selling fast in Kitchener Waterloo
“I can’t believe this sold in 2 days – the market is crazy these days!” – a client who wanted to invest in a condo this weekend (2nd unit in this complex that sold inside 3 days too) Homes and condo’s are moving very quickly in KW these days – our clients are involved in [...]
Tight Real Estate Market in Kitchener Waterloo
Property listings are down 33% at the end of January, compared to last January – there are less homes available for sale, and we have more demand from buyers and investors. Many people are trying to take advantage of historically low mortgage interest rates, and others want to buy and invest before the mortgage changes [...]
Canadian Real Estate Market Growth Based on Demand
An interesting article on the national real estate market in Canada appeared in the Kitchener Record this morning. While 2009’s market ended the year very strong, economists caution people from thinking we may be in or entering a ‘bubble’ like we saw in the US market. Record home sales capping 2009 due to supply and [...]
New Construction Up in Kitchener Waterloo
Housing Starts in Kitchener Waterloo up in December WATERLOO REGION – Home builders in Waterloo Region ended 2009 on a strong note with housing starts rising for the third month in a row in December. Builders poured foundations for 195 housing units in the final month of last year, up from 129 in December 2008, [...]
2009 Kitchener Waterloo Investment Real Estate Market Update
2009 was an interesting year to be buying, selling, and brokering investment real estate and apartment buildings. The turbulence in the global credit markets put a halt on a lot of lending, especially mortgages for student housing and ‘non AAA’ multi-family property. When CMHC stopped insuring loans on ‘student housing,’ many lending institutions and banks [...]
Commentary on the Canadian Real Estate Market
Keller Williams released our monthly This Month in Real Estate report today, and there is some terrific information in it: All around signs appear to be brighter than they were this time last year – banks are profitable, confidence is up, employment is on the upswing lately, and the housing market is moving. Ottawa’s Centre [...]
