14 September 2023

Going into Fall – An August 2023 Market Report

Happy September, welcome to our market report! With the slow, hot days of summer behind us, buyers and sellers of real estate are refocusing their attention on the fall market in the Waterloo Region. On September 6th, the Bank of Canada held the overnight rate steady at 5%. After having raised rates by twenty-five basis points in June and then again in July to combat […]

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abcGoing into Fall – An August 2023 Market Reportcba

Market Update

18 July 2023

Real Estate Market Update for July 2023

Here is our Real Estate Market Update for Kitchener-Waterloo, Cambridge, and the surrounding area. After a very brisk market in early 2023, two Bank of Canada interest rates hikes, one in June and another on July 12, have brought the policy interest rate to 5%, the highest we have seen in Canada since 2001. The Bank of Canada has said that the rate raise was […]

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abcReal Estate Market Update for July 2023cba

Market Update

19 June 2023

Real Estate Market Update – June 2023

The 2023 Waterloo Region Real Estate market has, so far, followed a more typical market activity pattern than what we have witnessed the past 4 years. Since January, when the Bank of Canada paused its interest rate hikes, buyers have increasingly come back to the market, feeling more confident in their decision to buy real estate. However, lack of listing inventory in 2023 has continued […]

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abcReal Estate Market Update – June 2023cba

Market Update

24 May 2023

May 2023 Kitchener-Waterloo Real Estate Update

The Kitchener-Waterloo Real Estate Market continues to roar back to life, and much sooner than had been predicted! With a short supply of listings coming on the real estate market, buyers find themselves once again in multiple offer situations in a strong Sellers’ market. In many cases, the winning offer does not have any conditions. This type of market is challenging for Buyers who must ponder […]

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Market Update

15 April 2023

April 2023 Kitchener-Waterloo Real Estate Market Update

Our Real Estate Market Update for April 2023 With buyer demand outpacing seller listings in many home types, we have seen a re-emergence of multiple offers. Once again, it is common for properties to sell without conditions. So, it is essential for buyers to be fully pre-approved for mortgage financing before they begin looking. For Waterloo Region property owners who have been wondering if this […]

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abcApril 2023 Kitchener-Waterloo Real Estate Market Updatecba