Blog

Real Estate Prices Continue to Rise in October

October marks another month of strong real estate sales in Waterloo Region, with no apparent end in sight to the hot prices that have been becoming the norm. There were 593 homes sales in the month, 11.1% fewer than October 2020 and 16.5% fewer than September 2021. The strong demand drove ...

Low inventory, high prices are the story of September in the KW market

Those hoping to see home prices cool off in Kitchener-Waterloo are having to wait a little longer. The September 2021 stats are in, and it was another month of high prices and minimal inventory. There were 506 homes sold this September, which is down 32.1% from the record-smashing month of September ...

High Demand and Low Supply for the August Real Estate Market

The high real estate prices in KW held their own for the month of August, hovering around the same levels we've been seeing consistently throughout 2021 thus far. However, the supply was definitely lacking, with only 535 homes sold over the course of the month. This is 22.1% lower than ...

July’s Real Estate Market Stats are in for KW!

Low inventory and high demand kept the heat on the local housing market in July. With some of the lockdown restrictions lifting and residents of KW a little freer to enjoy the summer, there were decidedly fewer homes listed for sale last month. In fact, there were 24% fewer new listings ...

KW Real Estate Market Strength Continues in June

Another month, another record in local real estate! The KW real estate market has continued to show strength through June, with 740 homes sold in the month. This is up 10% from the same month last year, and a 13.6% decrease from May 2021. Incredibly, the number of homes sold in ...

A Strong and Stable May in KW Real Estate

May was another banner month for real estate in Kitchener-Waterloo! While still setting records for home sales for the month of May, it was relatively stable when compared to April 2021. The 854 residential homes sold in the month represent a 100.9% increase over May 2020, but only a 0.9% ...

First impressions make a big difference!

It is the end of May which is the time of year some people wait for to really ‘dig’ into their gardens. With the chance of frost behind us (mostly) now is a great time to get your gardens looking their best! But why do gardens & landscaping matter? The outside of ...

A Strong and Steady April for KW Real Estate

The local real estate market has remained extremely strong through the month of April, but has shown some signs of levelling off. While the stats still show a huge increase year over year, the numbers are fairly stable when viewed month to month. For example, the average residential home sold ...

Preparing Your Home For Sale

If you are thinking of selling your home, either imminently or a ways down the road, what are some of the things you can do to prepare? While we are currently in a seller’s market, you still need to make sure you position your home to reach its market potential, ...

What Can Impact Your Buying Power?

With soaring house prices, the record low interest rates have made it possible for home buyers to attain big mortgages in recent years. Borrowing money is cheap right now, which can entice buyers to potentially bite off more than they can chew from an affordability standpoint. Obviously, it’s not just ...

Michael & Laura

Hewitson

Broker | Sales Representative