We hope this finds you keeping well and enjoying the beautiful fall colours. In this edition of our monthly email newsletter, we’ll provide a snapshot of the status of the Waterloo Region Real Estate Market and what it means for both buyers and sellers.
abcOctober K-W Market Updatecba
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 […]
abcGoing into Fall – An August 2023 Market Reportcba
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 […]
abcReal Estate Market Update for July 2023cba
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 […]
abcReal Estate Market Update – June 2023cba
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 […]
abcMay 2023 Kitchener-Waterloo Real Estate UpdatecbaSubscribe to our email newsletter below and never miss the latest real estate news.
