Tags: news
A Balanced Market In Kitchener-Waterloo for Home Sales in November 2010
Read this recently distributed press release from the Kitchener-Waterloo Real Estate Board below.
KITCHENER-WATERLOO, ON (December 3, 2010) - Home sales moved comfortably in November, with a total of 484 homes reported sold through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB). This is within the traditional range for November sales over the past five years.
The condominium property class had a notable increase in November, as the only residential property type to see an increase in the number of units sold compared to last year. There were 122 condominium units sold last month, an increase of 22 percent over November 2009.
3rd Quarter Kitchener-Waterloo MLS Year-to-Date Sales up 4.5%
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.
August 2010 KW Home Sales Ease, Up On Year-To-Date Basis
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.
Kitchener-Waterloo Home Sales Reach Monthly High for Fourth Consecutive Month
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.
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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.
Home Sales In Kitchener-Waterloo Reach A Monthly Record High In September 2009
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.
Have you got yours? New KW Street Map is now available

We are delighted to report that the K-W Street Map & Service Guide has just hit the streets for the 7th time in 16 years. Soon 125,000 maps will be printed and close to 90,000 maps will be delivered by mid October through Canada Post to homes in Kitchener, Waterloo and Elmira.
By now you should have received your copy in the mail. If you have not received a map or would like additional copies, send us an email and we will get them to you.
New townhouse development at PARK and ALLEN STREETS gets go-ahead
Waterloo councillors have approved a zone change to allow a new 18 unit townhouse development to be built at Park and Allen Streets.
Hit the "read more" link to read a recent article in the Record newspaper. After the article we have included links to the City of Waterloo website for more in-depth information on the new development. You can also view the Concept Building Elevations (drawings) for the Townhouses on the city website.
Housing industry hints at economic recovery

Recently John Geha, the President of Coldwell Banker Canada visited the Coldwell Banker Peter Benninger Realty offices in Kitchener. During that visit John and Peter Benninger were interviewed by the Waterloo Region Record newspaper. In this article John discusses his view that there are hopeful signs that the economy is on the mend:
Consumer confidence fuels housing recovery
September 22, 2009 - BY ROSE SIMONE, RECORD STAFF - KITCHENER - When John Geha, president of Coldwell Banker Canada, was recently booking a trip from Toronto to Calgary, he was told every single flight was oversold. He has also learned that car rental companies are adding cars to their fleets and hotel managers are seeing business travellers coming back.
New Townhouse development planned for Uptown Waterloo

According to an article in the Waterloo Chronicle newspaper, an 18 unit townhouse development is in the works for the corner of Park and Allen Streets in Uptown Waterloo. This will be across the street from the 144 Park condo apartment building that is also planned for that area.







12/12/10 02:40:01 pm
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