3,633 homes were sold through the Multiple Listing System (MLS®) of the Kitchener Waterloo Real Estate Board (KWREB) during the first six months of this year, just 96 units short of 2007's record breaking first half. The total value of those sales broke the one billion dollar mark for the first time to the end of June.

According to KWREB, consumers continue to have a strong sense of confidence in the value of home ownership in the region, and they expect the market will remain steady and healthy for the remainder of the year.

The increase in home sales occurred predominantly in the top half of the price range spectrum. There were 2,093 sales of residential properties for more than $250,000 in the first half of the year, compared to 1,446 for the same period in 2009, an increase of almost 45 percent.

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According to this recent press release from the Kitchener-Waterloo Real Estate Board, the local real estate market has remained strong throughout the first half of 2010.

KITCHENER-WATERLOO, ON (July 6, 2010) - During the first half of the year, the number of residential properties sold through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) increased 16 percent.

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It looks like we are going to have another great year for the real estate market in the Kitchener-Waterloo area. As you can see from this press release from the Kitchener Waterloo Real Estate Board (KWREB) our local market is doing very well...

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We recently did some calculations in answer to a website visitor's inquiry about the value of homes in the area of Huron Village in Kitchener (in the Huron Park neighbourhood). Here is what we found:

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According to this recent press release from the Kitchener-Waterloo Real Estate Board (KWREB), house prices continued to climb in April 2010.

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Have you ever wondered "how long does it take to sell a house in the Kitchener Waterloo Real Estate market?" We all hear stories about the property that sold before the sign was up on the front lawn... or perhaps it seems like you have been driving by that for sale sign down the street for an awful long time...

Here are some figures for the number of "Days on the Market" that are based upon data from the Kitchener-Waterloo Real Estate Board (KWREB). The statistics are for property sales that occurred between January 1, 2010 and April 12, 2010. The homes are all single-detached (no semis, townhouses or condos), they have 3 or 4 bedrooms, from 2 to 4 bathrooms,  and they were listed for sale at a price between $250,000 and $500,000.

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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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