News And Statistics About The Kitchener-Waterloo Real Estate Market

Kitchener-Waterloo Real Estate

How’s the Kitchener Waterloo Real Estate Market. 

In this episode of ‘How’s the Kitchener Waterloo Real Estate Market” we take a special look at 3-bedroom single family homes.

What Does Being in a Sellers’ Market Mean?

The latest statistics from KWAR shows housing supply is still astonishingly low. We have a 0.4-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers.

Kitchener rents among highest in Canada

Kitchener has the average cost of $1,487 per month, which is the 18th highest in Canada. The top three communities are Vancouver, at $2,185 per month, Toronto at $1,855 per month, and Etobicoke, which averaged out to be $1,802 a month. Kitchener has an average two-bedroom cost of $1,767.

Kitchener Waterloo 7 day real estate market trends

Kitchener Waterloo 7 day real estate market trends

What Could Cause Home Prices to Fall?

Two things: 1. A fundamental change. 2. A behavioural change.

Uptown Waterloo

The history of Kitchener-Waterloo street names

Flash from the past

I thought this was a great little tidbit of history.

Photo by Caleb Williams on Unsplash

More from Keith Marshall
Predictions for the Kitchener Waterloo Autumn real estate market 
Autumn, my favourite time of year In the Autumn months (mid-September till...
Read More
Leave a comment

Your email address will not be published.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