August 10th, 2018 by Riz Jadavji
KITCHENER-WATERLOO, ON (August 2, 2018) ––
July home sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were down 16.8 per cent compared to last month and down 10.6 per cent compared to July of last year. A total of 504 residential properties sold in July compared to 564 in the same month last year.
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Posted in Market Stats, Market Update, Uncategorized | Comments Off on SALES RETURNING TO NORMAL WHILE PRICES REMAIN STABLE
June 5th, 2018 by Riz Jadavji
KITCHENER-WATERLOO, ON (June 4, 2018) –– Last month home sales through the Multiple Listing System (MLS®System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were up 12.5 per cent compared to last month and down 15.3 per cent compared to last year’s record-setting May.
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Posted in Market Stats, Market Update, Uncategorized | Comments Off on STRONG HOME SALES IN MAY
May 3rd, 2018 by Riz Jadavji
KITCHENER-WATERLOO, ON (May 3, 2018) –– In April, the 616 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were up 13.7 per cent compared to last month and down 19.6 per cent compared to home sales a year ago. “Home sales in April were as brisk as the temperatures”, says Tony Schmidt, KWAR President. “While down from last year’s record breaking number of sales, it was a slightly more active April than average historically speaking.”
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Tags: Homes For Sale, kitchener real estate, kitchener-waterloo, kitchener-waterloo association of realtors, KW Market Update, KW Real Estate, waterloo real estate, Waterloo Sellers
Posted in Market Stats, Market Update | Comments Off on APRIL HOME SALES BRISK
April 9th, 2018 by Riz Jadavji
In March, the 540 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), represented an increase of 43.6 per cent compared to last month and a decrease of 25.8 per cent compared to home sales a year ago.
“Home sales in Waterloo Region last month mirrored the greater activity across the Greater Golden Horseshoe. Numbers are down year over year, but the market is showing signs of warming up after the long winter”, says Tony Schmidt, KWAR President. “Make no mistake; we are still deep in a sellers’ market and not expecting that to change for the remainder of the year. And while 2018 won’t be quite as hectic as 2017, the market is going to be demanding. REALTORS® on the street are reporting strong demand throughout the region and receiving multiple offers on many homes.”
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Tags: Homes For Sale, kitchener real estate, kitchener-waterloo, kitchener-waterloo association of realtors, KW Market Update, KW Real Estate, waterloo real estate, Waterloo Sellers
Posted in Market Stats, Market Update | Comments Off on MARCH HOME SALES RELEASE
April 4th, 2018 by Riz Jadavji
Tags: Market Update, royal lepage
Posted in Royal LePage By The Numbers | Comments Off on Royal LePage By The Numbers
March 5th, 2018 by Riz Jadavji
In February, the 377 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), were an increase of 40 per cent compared to last month and a decrease of 20.5 per cent compared to home sales a year ago.
“When we consider market activity we have to acknowledge that sales from the previous year or two were an anomaly”, says Tony Schmidt, KWAR President. “If you compare last February against the ten year average of sales, it was a pretty typical February”.
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Tags: Homes For Sale, kitchener real estate, kitchener-waterloo, kitchener-waterloo association of realtors, KW Market Update, KW Real Estate, waterloo real estate, Waterloo Sellers
Posted in Market Stats, Market Update | Comments Off on FEBRUARY HOME SALES RELEASE
February 7th, 2018 by Riz Jadavji
The Riz Team January Stats
There were 270 residential sales in January through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decrease of 18 per cent compared to January 2017.
“On the surface, activity appears to be somewhat sluggish in January, says Tony Schmidt, KWAR President. “However if we set aside the past two years, it was a very typical January in terms of the number of sales. What is less typical is that listing inventory is still at historic low levels, and we continue to see multiple offers on properties putting upward pressure on prices.”
Total residential sales in January included 149 detached (down 23.6 per cent), and 70 condominium units (down 11.4 per cent) which includes any property regardless of style (i.e. semis, townhomes, apartment, detached etc.). Sales also included 27 semi-detached homes (down 18.2 per cent) and 22 freehold townhouses (up 10 per cent).
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Tags: buyers, Kitchener Sellers, kitchener-waterloo real estate, KW Awesome, KW Market Update, KW Real Estate, KW Realtor, kwar, sellers, Top Realtor, Waterloo Sellers
Posted in Kitchener Buyers, Kitchener Sellers, Market Stats, Market Update, News From the City, Real Estate News, Waterloo Buyers, Waterloo Sellers | Comments Off on JANUARY HOME SALES SNOWED UNDER BY LOW INVENTORY
January 26th, 2018 by Riz Jadavji
Posted in Newsletter | Comments Off on JANUARY 2018 NEWSLETTER