Will we benefit from strong business investment in 2012?

We've invited Assistant Chief Economist, Paul Ferley of RBC, to give our most valued clients and associates his economic outlook for the US, Canada and the Region of Waterloo for 2012.

We would like to invite you to
join us for this free seminar.

By Invitation Only

Tuesday, February 7th

Choose from two sessions:
4:00pm to 5:00pm or 7:00pm to 8:00pm

In the Theatre at
Coldwell Banker Peter Benninger Realty
508 Riverbend Drive, Kitchener

Please RSVP to reserve your seat at one of the two sessions. (Click here)

Space is Limited - RSVP today!

The latest edition of Tracey and Robert's email newsletter was delivered recently to our clients and friends.

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Living in Kitchener-Waterloo.

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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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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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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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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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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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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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