According to this recent press release from the Kitchener-Waterloo Real Estate Board, the K-W area real estate market is still going strong.

KITCHENER-WATERLOO, ON (March 3, 2010) - While Canada's athletes were racing for Olympic Gold; Waterloo region's homebuyers were racing to buy real estate. REALTORS® of the Kitchener-Waterloo Real Estate Board (KWREB) traded 553 homes in February through the Multiple Listing System (MLS®) for a total value of $153,120,645, marking a 31.7 percent increase over January's results.

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According to a report from Teranet Enterprises and Generation5, the average person living around 10 and 20 Ellen Street East in Kitchener speaks English (88%) and has a University or College education (55%).

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According to this recent press release from the KWREB, the real estate market in Kitchener-Waterloo and area is off to a great start with the best January on record for the local real estate board.

KITCHENER-WATERLOO, ON (February 3, 2010) - Sales of residential properties through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) last month represented the best January ever, nudging by the previous record set in 2006. It was also the fifth month in a row that home sales in the region reached a monthly high.

Home sales activity reached 416 residential sales last month, a jump of nearly 64 percent compared to January 2009. Relative to December 2009, sales saw a 16.5 percent gain last month.

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In this recent press release from the Kitchener Waterloo Real Estate Board (KWREB), the board states that the local real estate market is continuing on the strong trend that began in 2009.

K-W Home Sales End Year on Strong Note

KITCHENER-WATERLOO, ON (January 6, 2010) - Another new record for residential sales was set by the Kitchener-Waterloo Real Estate Board (KWREB) in December. MLS® home sales hit 356 units to the end of December, a 60 percent increase from the same month one year ago, and a 15 percent increase from the previous record set in 2006.

The steady climb of residential property sales that began in the second quarter brought the year-to-date total in Kitchener-Waterloo and area to 6,467, a 5.8 percent increase over 2008.

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The Canada Mortgage and Housing Corporation has released their most recent Rental Market Report for the Kitchener CMA (Census Market Area). This report contains a wealth of information for landlords in the Kitchener-Waterloo area including vacancy rates and average rent increase rates.

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According to this recent press release from the Kitchener-Waterloo Real Estate Board (KWREB), November set another record for MLS® homes sales in the Kitchener-Waterloo area.

KITCHENER-WATERLOO, ON (DECEMBER 3, 2009) - A new record for residential sales was set by the Kitchener-Waterloo Real Estate Board (KWREB) in November 2009 as MLS® homes sales to the end of November reached 556 units. That's an 87.8 percent increase from November 2008, and the third consecutive month that sales set a monthly record.

The remarkable jump in residential sales this November is a clear reminder of what was happening this time last year... "not much" says Ted Scharf, the new President of the KWREB. "But, for the third consecutive month we have seen a significant resurgence from the downturn that started last fall."

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As you can see in this recent KWREB media release, October was another record-setting month for the Kitchener-Waterloo real estate market for units sold.

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According to this recent article supplied by The Real Estate Investment Network, the Kitchener-Waterloo area is among the best areas to invest in real estate:

"Technology Triangle remains the Number One place to invest in Ontario"

Oct. 2nd - The Real Estate Investment Network's (REINT) release of Top Ontario Investment Towns analyzes the current and future prospects for real estate investment opportunities in Ontario. The 108 page report states that recent market correction provides buying opportunities for home owners and investors; however, only in select regions of the province. It identifies which areas will outperform in the coming decade and finds that the Kitchener Waterloo Cambridge area is the top region in Ontario in which to invest in real estate.

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According to a recent press release from the Kitchener-Waterloo Real Estate Board, consumers are showing confidence in the local real estate market.

KITCHENER-WATERLOO, ON (October 5, 2009) - The 531 homes sold last month through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) may be a mere one percent increase relative to one year ago, but is still the most ever recorded in a single September of the board's history.

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The 2009 Coldwell Banker Home Price Comparison Index (HPCI) released today found that Vancouver, BC placed tenth on the North American most expensive list at almost 1.3 million dollars CDN, this also tops the 35 Canadian markets studied. PEI was narrowly edged out of the North American top ten most affordable markets.

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According to a recent press release from the Kitchener-Waterloo Real Estate Board, residential properties in Kitchener-Waterloo and area increased 26 percent last month over August 2008, this was driven by the sale of condos.

In August there were a total of 594 homes sold through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) including 364 detached homes (up 16 percent from August 08), and 132 condominium units (up 67 percent from August 08).

"Demand for higher priced homes was softer in August compared to last month and compared to the same month last year", says Karen Shartun, KWREB President. This combined with the increased demand for more affordable housing types has put downward pressure on Augusts' average residential price which decreased 4.5 percent to $253,325. Meanwhile, on a year-to-date basis the average residential price only decreased 1.7% to $260,985.

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