by Drew Dickinson | Aug 21, 2019 | Uncategorized
KW Real Estate Report for July 2019 Could interest rates eventually go to zero in Canada? In other countries banks are in fact offering mortgages with negative interest rates! In Denmark you can get a 10 year mortgage at -.05% where if you borrow $1,000,000 over ten...
by Drew Dickinson | Jul 19, 2019 | Kitchener Waterloo Real Estate Market Report
KW Real Estate Report for June 2019 The first half of the year has wrapped up and our KW market continues to show strength. We did start the year will strong sales in those properties priced under $750,000. But into the second quarter strength came back in the higher...
by Drew Dickinson | Apr 13, 2019 | Uncategorized
There were 511 homes sold in March, with Sales dipping 5.7% vs the same period in 2018 and were 7% below the 10-year average. The average price in March was up 3.2% at $505,855 vs March 2017. The average price of homes is being driven by competition for homes under...
by Drew Dickinson | Feb 20, 2019 | Kitchener Waterloo Real Estate, Kitchener Waterloo Real Estate Market Report, Living in Kitchener Waterloo
JANUARY 2019 KW REAL ESTATE UPDATE In January there were 307 Residential homes sold in KW and the average days on market was 26: 5 days fewer than last year at the same time. This start to the year outpaced January 2018 by 14.6%. It seems to be the result of pent up...
by Drew Dickinson | Jan 10, 2019 | Uncategorized
2018 Kitchener-Waterloo Area Real Estate Report 2018 proved to be a consolidation year. Buyers and Sellers were more evenly matched vs the two previous years. Buyers were not chasing homes and tended to have a more conservative approach to purchasing. Homes still sold...
