Below is the most recent press release from the Kitchener-Waterloo Association of REALTORS (KWAR).

Kitchener-Waterloo, ON (December 5, 2011) - There were a total of 450 residential sales through the Multiple Listing Service (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in November, with a total dollar volume of $134,889,762, a decrease of 1.7 percent relative to results in November 2010.

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The Canada Mortgage and Hosing Corporation (CMHC) has released their "Rental Market Report" for Kitchener-Cambridge-Waterloo and Guelph CMAs. The complete 2011 report can be downloaded (PDF) here.

Some highlights of this rental market documents include:

• The average vacancy rate in Waterloo Region and area (Kitchener CMA) moved lower to 1.7 per cent.

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Below is a recent press release from the Kitchener-Waterloo Association of REALTORS.

October Residential Sales Up

Kitchener-Waterloo, Ontario (Nov 3rd, 2011) --   The number of residential real estate sales through the Multiple Listing Service (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) increased to mark a gain over October 2010 of 4.9 percent.

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Here is the latest press release from the Kitchener-Waterloo Association of REALTORS (KWAR) for the month of September 2011.

Condominium Sales Remain Strong In K-W

Kitchener-Waterloo, ON (Oct 5th, 2011) - Residential sales to the end of the third quarter of 2011 are behind last year by 2.9 percent. A total of 4,975 homes have sold to date this year through the Multiple Listing Service (MLS®) of the Kitchener-Waterloo Association of REALTORS®, compared with 5,126 during the same period last year.

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According to the most recent press release from the Kitchener-Waterloo Association od Realtors (KWAR), the average price for a home in Waterloo Region increased in the month of August, 2011.

August Home Sales in Kitchener-Waterloo Up From Last Year

KITCHENER-WATERLOO, ON (Sept. 7th, 2011) - There were a total of 507 home sales through the Multiple Listing Service (MLS®) system of the Kitchener-Waterloo Association of REALTORS® (KWAR) in August. This represents a 7.2 percent increase in residential sales compared to the same month last year. Sales in the month of August included 341 detached homes, 32 semis, 27 townhomes and 100 condominium units.

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Since 2004, roundabouts have been an important part of our roadway landscape in Waterloo Region. These circular intersections improve road safety, manage increased traffic demand, and help improve air quality by eliminating unnecessary stops and idling.

The Region's 2011 "Practice makes perfect!" roundabout education campaign includes a series of 4 new instructional television commercials highlighting proper driving habits at roundabouts. To learn how to practice proper driving habits at roundabouts, you can watch the television commercials here: GoRoundabout.ca.

Here's an interactive webpage that shows how to use a roundabout properly: GoRoundabout.ca/roundabouts-how-to-use

In this recent press release from the Kitchener-Waterloo Association of Realtors (KWAR) it is reported that home sales on the local MLS system are up once again.

K-W HOME SALES UP FOR SECOND MONTH IN A ROW

KITCHENER-WATERLOO, ON (July 6, 2011) -For the second consecutive month, residential sales increased on a monthly basis compared to last year. This brings the total number of sales recorded through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) during the first half of the year to 3,443, a 5.4% decrease compared to 2010, but in line with the 5 year average.

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Here is link to a really great Google map of Waterloo Region. This Waterloo Region Development Map contains the locations (and often links with information) for a large collection of development sites. The blue icons mark sites currently under construction, the red icons are proposed development sites and the green icons are land cleared/demolition.

View Waterloo Region Development Map in a larger map

We had a great response to our last blog post of "Days on the Market" statistics for the cities of Kitchener Waterloo. Many people found it interesting. If you missed it you can read it here: Real-Estate.in-KW.com how-long-does-it-take

The chart below gives you an idea about how long it will take to sell a country property, or a MLS listing in one of the neighbouring townships. We have also broken down some of the sales in KW by price range. If you don't see your property on the chart, please feel free to contact us and we will be happy to provide that information to you.

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We all hear about the house down the street that sold in days (or hours!) after going on the market. However, you may be wondering how long it takes on average for a home to sell in your neighbourhood...

Here is a chart that gives you some basic data on average "Days on the Market" in the cities of Kitchener and Waterloo. We have also included the average sale price for a home in each area (using this criteria). If you don't see your neighbourhood on the chart, please feel free to contact us and we would be happy to provide that information to you.

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Here is the most recent press release from the Kitchener-Waterloo Association of Realtors®

KITCHENER-WATERLOO'S REALTORS® POST SOLID SALES IN MARCH

KITCHENER-WATERLOO, ON (April 5, 2011) -Sales of residential properties via the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR ) ran slightly above the five-year average for the first quarter.

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Below is a recent press release from the Kitchener-Waterloo Association of Realtors (formerly the Kitchener-Waterloo Real Estate Board).

SOLID HOME SALES ACTIVITY IN FEBRUARY

KITCHENER-WATERLOO, ON (March 3, 2011) -Sales of residential properties via the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) continued their steady pace in February.

There were a total of 491 residential properties sold last month, a 32.7 percent increased compared to January's results, and a 6.7 percent decrease compared to February of last year.

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Below is the latest press release from the Kitchener-Waterloo Real Estate Board (KWREB)

KITCHENER-WATERLOO, ON (February 3, 2011) -Sales of residential properties by REALTORS® through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) were steady in January.

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Home sales to the end of the third quarter of 2010 were ahead of last year by 4.5 percent with a total of 5,113 home sales through the Multiple Listing System (MLS®) of the Kitchener Waterloo Real Estate Board (KWREB) during the first nine months of the year. This was compared to 4,892 during the same period of 2009. According to KWREB, this is the first time since 2007 that sales to the end of the third quarter have increased on a year over year basis. The most popular price range year-to-date has been for homes selling between $225,000 and $250,000, with nearly 15 percent of sales happening in this bracket.

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According to this recent press release from the Kitchener-Waterloo Real Estate Board (KWREB), property listings for sale on the MLS® during the first 3 quarters of 2010 remain in positive territory.

K-W Home Sales Wake From Summer Slumber

Kitchener-Waterloo, ON (Oct 5, 2010) -Home sales to the end of the third quarter of 2010 are ahead of last year by 4.5 percent. There were a total of 5,113 home sales through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) during the first nine months of the year, compared with 4,892 during the same period of 2009.

"This is the first time since 2007 that sales to the end of the third quarter have increased on a year over year basis", says Ted Scharf, President of the KWREB. "It was also our third best September on record. "

Sales last month brought the dollar volume to $1,477,077,951, an increase of 14.1 percent compared to one year ago.

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According to this recent press release from the Kitchener-Waterloo Real Estate Board (KWREB) the local real estate market remains strong in spite of an easing of the market in the month of August:

HOME SALES EASE IN AUGUST, UP ON YEAR-TO-DATE BASIS

Kitchener-Waterloo, ON (Sept 3, 2010) - Home sales eased in August, but remain stable when you consider the exceptionally strong spring market experienced in Kitchener-Waterloo and area.

There were a total of 475 home sales through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) in August, compared with 586 sales the same month one year ago, a decrease of 18.9 percent.

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