How’s the Kitchener Waterloo real estate market? Buyers’, sellers’ or balanced?

How’s the Kitchener Waterloo real estate market? And how does it compare with other cities in Canada?

Over all, home sales in Canada plunged 15.1% in September from a year earlier.

BMO economist Robert Kavcic tracked 23 markets, using three-month averages compared to a year earlier, rather than just comparing September 2012 to September 2011. Of those 23, he found, 13 are experienced “balanced conditions,”.

Currently, Kitchener Waterloo has a balanced market. However, with sales generally falling relative to new listings, the number of “buyers’ markets” could be on the rise in the months ahead.

More from Keith Marshall
Investing in Kitchener Waterloo student rentals or condos compared to China is near free and so easy
Earlier this year, in order to reinforce the long-term stability of Canada’s...
Read More
Join the Conversation

3 Comments

Leave a comment
Leave a comment

Your email address will not be published. Required fields are marked *