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Category: Industry Trends (52 posts)

  • November 8, 2018 @ 2:05 PM
  • Posted by Tracy Bennett

KW Real Estate Sale October 2018

KW sees stronger than average home sales in October   REALTORS® sold 514 homes through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS&r

  • July 18, 2018 @ 9:32 AM
  • Posted by Tracy Bennett

KW Home Sales June 2018

Home sales down in June but prices were up.June home sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) were down 12.8 per cent c

  • May 31, 2018 @ 10:31 AM
  • Posted by Tracy Bennett

Bank of Canada maintains overnight rate target at 1¼ per cent

The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent. The Bank Rate is correspondingly 1½ per cent and the deposit rate is 1 per cent. Global economic ac

  • May 10, 2018 @ 1:31 PM
  • Posted by Tracy Bennett

Kitchener Waterloo Real Estate Update April 2018

April was a brisk month for Kitchener-Waterloo home sales.In April, the 616 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of R

  • April 10, 2018 @ 3:57 PM
  • Posted by Tracy Bennett

KW Home Sales March 2018

Home sales up from last month but down from last year   In March, the 540 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association

  • March 8, 2018 @ 3:03 PM
  • Posted by Tracy Bennett

KW Home Sales February 2018

Sales up from last month but down from last year.In February, the 377 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTOR

  • February 12, 2018 @ 10:28 AM
  • Posted by Tracy Bennett

KW Home Sales January 2018

January home sales snowed under by low inventory   There were 270 residential sales in January through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REA

  • January 8, 2018 @ 9:34 AM
  • Posted by Tracy Bennett

KW Home Sales for 2017-over 3 Billion dollars and 6549 homes!

KITCHENER-WATERLOO REAL ESTATE MARKET UPDATE2017 a big year for Kitchener-Waterloo homes sales!There were 6,549 homes sold in Kitchener-Waterloo and area last year through the Multiple Listing System

  • December 6, 2017 @ 12:47 PM
  • Posted by Heather Maitland

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.   The global econ

  • November 6, 2017 @ 11:34 AM
  • Posted by Heather Maitland

KW Home Sales October 2017

Last month a total of 481 residential properties sold in Kitchener-Waterloo and area through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALT

  • October 27, 2017 @ 12:26 PM
  • Posted by Heather Maitland

Video – Learn About the New Rules

On January 1st, more rules are coming. Let us help you navigate the changes. Don't be lost, call us to review your options!      

  • October 11, 2017 @ 5:54 PM
  • Posted by Tracy Bennett

KW Home Sales September 2017

Kitchener-Waterloo saw solid home sales in September.   A total of 470 residential properties changed hands in Kitchener-Waterloo and area through the Multiple Listing System (ML

  • September 7, 2017 @ 11:24 AM
  • Posted by Heather Maitland

Bank of Canada Raises Interest Rates to 1%

The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.   Recent economic data have

  • August 10, 2017 @ 3:29 PM
  • Posted by Heather Maitland

July 2017 KW Real Estate Update

In July there was a total of 558 residential sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decline of 5.1 perce

  • July 11, 2017 @ 4:20 PM
  • Posted by Heather Maitland

June 2017 KW Real Estate Update

More listings meet continuing buyer demand in June.   For the first time this year home sales in June decelerated on a monthly basis. Last month’s 716 residential sales through

  • June 19, 2017 @ 10:23 AM
  • Posted by Heather Maitland

May 2017 KW Real Estate Update

New record set with over 800 residential home sales in May.   There were 816 residential properties sold through the MLS® system of the Kitchener-Waterloo Association of REALTORS&

  • May 1, 2017 @ 12:57 PM
  • Posted by Tracy Bennett

April Housing Market 2017

CMHC Canadian Housing Market Assessment for April 2017   Highlights  This quarterly release of the Housing Market Assessment (HMA) provides updated results1 on the evidence of problemat

  • April 12, 2017 @ 12:43 PM
  • Posted by Heather Maitland

Bank of Canada maintains overnight rate target at 1/2 per cent OTTAWA

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.  

  • April 10, 2017 @ 9:45 AM
  • Posted by Heather Maitland

KW March 2017 Real Estate Update

Hot K-W market continues to set new records in March.   Residential sales through the Multiple Listing System (MLS® System) of the Kitchener‐Waterloo Association of REALTORS

  • January 20, 2017 @ 11:05 AM
  • Posted by Heather Maitland

KW Real Estate Update January 2017

Unprecedented year for home sales in the Waterloo Region!   There were a total of 6,655 residential sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterl

  • January 16, 2017 @ 12:03 PM
  • Posted by Heather Maitland

Bank of Canada Business Outlook Survey 2016-2017-January 2017

Good news on rates as Bank of Canada looks to hold current rates for some time:   The Bank of Canada will likely be pleased to see the continued gains in business sentiment, but is unlikely to

  • December 19, 2016 @ 2:57 PM
  • Posted by Heather Maitland

Another Record Breaking Month of Sales in November!

Home sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) totalled 535 last month, an increase of 27.1% compared to Novem

  • November 7, 2016 @ 3:18 PM
  • Posted by Heather Maitland

KW Housing Market October 2016-Strong Demand Continues

  KITCHENER-WATERLOO, ON (November 3, 2016) ––Last month a total of 577 residential properties sold in Kitchener-Waterloo and area though the Multiple Listing System (MLS®System)

  • November 7, 2016 @ 1:26 PM
  • Posted by Heather Maitland

KW Home Sales Show Strong for September 2016

    A total of 540 residential properties changed hands in Kitchener-Waterloo and area though the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association&

  • September 8, 2016 @ 3:31 PM
  • Posted by Heather Maitland

Hot Home Sales in August for the Kitchener-Waterloo area

Hot home sales in August for the Kitchener-Waterloo area!   There were a total of 598 home sales in Kitchener-Waterloo and area though the Multiple Listing System (MLS® System) of

  • September 8, 2016 @ 2:58 PM
  • Posted by Heather Maitland

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 percent.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 percent. The Bank Rate is correspondingly 3/4 percent and the deposit rate is 1/4 percent.   G

  • August 15, 2016 @ 4:08 PM
  • Posted by Tracy Bennett

KW July 2016 Real Estate Update

The K-W home sales hot streak takes a break in July.   There were a total of 588 home sales in Kitchener-Waterloo and area though the Multiple Listing System (MLS® System) of 

  • July 21, 2016 @ 3:19 PM
  • Posted by Heather Maitland

KW Real Estate Update June 2016

Record number of home sales during the first half of 2016!   Residential property sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of&

  • June 29, 2016 @ 12:29 PM
  • Posted by Tracy Bennett

Residential sales in Kitchener/Waterloo hit an all-time high!

Residential sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) hit an all-time high for the month of May as home s

  • May 30, 2016 @ 10:01 AM
  • Posted by Tracy Bennett

CMHC Releases 2016 First Quarter Results

Canada Mortgage and Housing Corporation (CMHC) released its first quarter financial results today as well as supplemental data on the Corporation’s Mortgage Loan Insurance, Securitization, and C

  • May 27, 2016 @ 2:11 PM
  • Posted by Tracy Bennett

Bank of Canada maintains overnight rate target at 1/2 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.  

  • May 25, 2016 @ 4:33 PM
  • Posted by Tracy Bennett

CMHC Expects Housing Starts to Slow in 2016 and 2017, Reflecting Significant Regional Differences

Canada Mortgage and Housing Corporation’s (CMHC) second quarterHousing Market Outlook (HMO), Canada Edition highlights important regional differences in housing activity. Housing start

  • April 27, 2016 @ 12:36 PM
  • Posted by Tracy Bennett

CMHC sounds overvaluation alarm

Several major markets are overvalued, and many more are being overbuilt, according to the Canada Mortgage and Housing Agency.Nine major markets are overvalued and seven are being overbuilt, according

  • April 13, 2016 @ 3:58 PM
  • Posted by Heather Maitland

Bank of Canada keeps benchmark interest rate at 0.5%

Central bank's rate has impact on rates offered by commercial banks for loans and savings accounts   Canada's central bank stood pat today, electing to keep its benchmark lending rate at 0.5 pe

  • March 23, 2016 @ 9:16 AM
  • Posted by Heather Maitland

Federal Budget Real Estate Highlights - March 2016

  Finance Minister Morneau’s budget includes many new infrastructure spending initiatives that will support our economy and help continue our growth, albeit controlled, with a view to th

  • February 11, 2016 @ 12:50 PM
  • Posted by Tracy Bennett

Bill Morneau tightens mortgage rules on homes over $500K

DEPARTMENT OF FINANCE-OTTAWA, ON   Effective February 15th, all purchase over $500,000 will be subject to 10% down. The portion up to the 500K can be 5%. This means that for a 600K purchase you

  • April 21, 2015 @ 11:09 AM
  • Posted by Tracy Bennett

Housing Statistics and Data

CMHC annual reports and monthly updates contain current and historical data on housing in Canada — new construction, new home prices and sales, rental statistics and the demographics of housin

  • April 21, 2015 @ 9:52 AM
  • Posted by Tracy Bennett

CMHC Market Outlook

CMHC released its latest quarterly Housing Market Outlook last week. It contains nothing which could be interpreted as particularly dramatic in terms of its forecast for the next year or two – a

  • April 21, 2015 @ 9:28 AM
  • Posted by Tracy Bennett

Bank of Canada Annual Report 2013

Bank of Canada Annual Report 2013

  • April 21, 2015 @ 9:25 AM
  • Posted by Tracy Bennett

CBC Radio Interview: Why a 2.99% 5-year fixed mortgage may not be such a good deal

Mar 31, 2014 CBC Interview: Kitchener mortgage broker Tracey Bennett says home buyers should beware a trend of ultra-low 2.99 per cent 5-year fixed rate mortgages because they often come with high res

  • April 21, 2015 @ 9:21 AM
  • Posted by Tracy Bennett

Januarys Deep Freeze Slows K-W Sales Up In January

Homes sales through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in January were down 5.3 percent compared to January of last year. A total of 3

  • April 21, 2015 @ 9:10 AM
  • Posted by Tracy Bennett

Housing Market Outlook: Kitchener, Cambridge, Waterloo and Guelph CMAs

CMC Housing Report

  • April 21, 2015 @ 9:09 AM
  • Posted by Tracy Bennett

Home Sales Down in November, Up on a Year-to-Date Basis

Homes sales through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in November were down 8.2 percent compared to November of last year. Residentia

  • April 21, 2015 @ 9:08 AM
  • Posted by Tracy Bennett

No Bank of Canada Rate Change

As expected, the Bank of Canada announced today that it is staying the course and not changing the benchmark rate. The announcement noted that 'risks associated with elevated household imbalances have

  • April 21, 2015 @ 8:57 AM
  • Posted by Tracy Bennett

Yields Spike. Fixed Rates May Follow.

If you’re house hunting or thinking of refinancing, and you don’t have a mortgage rate hold, consider getting one. Canada’s 5-year bond yield just pierced a 3-month high. That means

  • April 21, 2015 @ 8:46 AM
  • Posted by Tracy Bennett

CMHC March 2013 Housing Starts in Canada

March 2013 Housing Starts in Canada OTTAWA, April 9, 2013 — Housing starts in Canada were trending at 189,742 units in March, according to Canada Mortgage and Housing Corporation (CMH

  • April 21, 2015 @ 8:37 AM
  • Posted by Tracy Bennett

Toronto Real Estate Board Market Watch - January 2013

Click on the link below to view the Toronto Real Estate Boards Market Watch for January 2013. Toronto_Market_Watch.pdf

  • April 21, 2015 @ 8:35 AM
  • Posted by Tracy Bennett

Bank of Canada - Monetary Policy Report Summary

Click here to view the Bank of Canada's Monetary Policy Report Summary.

  • April 21, 2015 @ 8:27 AM
  • Posted by Tracy Bennett

Canadian home sales little changed in December

Canadian home sales little changed in December Tue, 01/15/2013 - 09:00 Ottawa, ON, January 15, 2013 - According to statistics released today by The Canadian Real Estate Association (

  • April 21, 2015 @ 8:26 AM
  • Posted by Tracy Bennett

Financial System Review December 2012

Please click link below for full article. BankOfCanada.pdf

  • April 21, 2015 @ 8:24 AM
  • Posted by Tracy Bennett

Annual State of the Residential Mortgage Market in Canada

Click below for full article. CAAMP.pdf

  • April 21, 2015 @ 8:23 AM
  • Posted by Tracy Bennett

Canadian economic accounts, third quarter 2012 and September 2012

Click below for full article. Statcan.pdf

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