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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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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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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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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We recently did some calculations in answer to a website visitor's inquiry about the value of homes in the area of Cameron Street North and Simeon Street in Downtown Kitchener. Here is what we found:

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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 Beaver Creek Road in Waterloo (in the Laurelwood neighbourhood). Here is what we found:

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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 Winchester Drive and Fischer Hallman Road in Beechwood West (Waterloo). Here is what we found:

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It was another successful year for the real estate market in the cities of Kitchener-Waterloo and the surrounding area in 2010. Read more in this press release provided by the KWREB.

Kitchener-Waterloo, ON (January 6, 2010) - The 6,388 homes sold by REALTORS® through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) last year marked the second highest total annual sales in the association's history.

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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.

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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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Coldwell Banker Real Estate LLC has recently released their annual report of home prices. The report tracks the price of a four-bedroom, two bathroom home in various markets across North America. You can view the complete data that the press release below is compiled from at this link: HLR.ColdwellBanker.com/FullData.aspx.

According to the report the average price for a 4 bedroom, 2 bathroom home in Kitchener-Waterloo is $347,757 CDN.

Coldwell Banker Issues Home Listing Report of Most Expensive and Affordable Housing Markets for 'Aspirational' Homes

BURLINGTON, ON (Sept. 22, 2010) - Coldwell Banker Real Estate LLC today released its Home Listing Report (HLR), a snapshot survey of four-bedroom, two-bathroom home listings in Canada and the U.S. Reporting on a home size many homebuyers would aspire to own - the HLR found a $1.7 million difference between North America's most expensive and most affordable housing markets.

"Newport Beach, California ranks Most Expensive in North America for four-bedroom/two-bath home prices; Vancouver tops Canadian market list. Windsor scores Canada's most affordable four-bedroom/two-bath home prices; while across the river, Detroit, Michigan, Is Most Affordable Market in North America."

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