Waterloo Region Market Update – September 2024

September brought a slight dip in overall home sales in Waterloo Region, with 521 homes sold, down 2.1% from last year. While sales have slowed, it’s not all bad news—especially for buyers! Increased inventory means more homes to choose from, making the process less stressful. Detached homes saw a 9.4% rise in sales, proving their continued appeal, and with a steady average price of $910,286, it’s a...

Explore Guelph & Area Homes with Stunning Outdoor Spaces

Exceptional Views, Exceptional Living For those who seek tranquility and natural beauty, a home with picturesque outdoor views is the ultimate luxury. Whether it's overlooking serene lakes, lush parks, or beautifully landscaped backyards, these Guelph properties offer the perfect blend of indoor comfort and outdoor splendour. Let’s take a tour of some exquisite listings by our talented Guelph...

Exploring the Finest Kitchens in Waterloo Region

The Essence of Gourmet Living When we talk about luxury homes, the kitchen often takes centre stage as the heart of the home. It's more than just a place to prepare meals—it’s a gathering space, a showcase of design, and a reflection of personal style. Whether you're drawn to modern minimalism, rustic charm, or classic elegance, a gourmet kitchen sets the tone for the entire home. Let's take a...

Highlights from our Golf Tournament

A fantastic video capturing the highlights of the day, beautifully created by Rob Wiens from Cushman & Wakefield. We invite you to watch and relive the event with us! On Monday, September 9, the Chestnut Park West community gathered for a memorable day at Conestogo Golf Club for our 3rd annual golf tournament. The sun was shining, spirits were high, and the event was filled with great...

Positive Outlook for the Holidays and Beyond

Lee Quaile I’ll start off by saying that I am not breaking any news by stating that the market has slowed significantly in recent days. We can blame interest rates, but the reality is that this same slowdown happens every December, and January. The combination of the holidays and the start of winter weather means people are choosing to relax, enjoy the season, and maybe do a little...

Steady Interest Rates: A Beacon Of Hope

Lee Quaile Broker of Record In the ever-shifting landscape of the real estate market, only a handful of factors hold as much sway as interest rates. The recent announcement from Bank of Canada is what both buyers and sellers have been waiting for: interest rates are holding steady. Let's delve into how this decision is poised to affect both parties as we embrace the Fall Market. 1. Relief for...

The 1st 2023 Numbers Arrive, & a Strained Rental Market

Lee Quaile Broker of Record The past two years have not been an easy time for anyone who’s been looking to get into the housing market.  When prices haven’t been at dizzying, record-setting heights as they were in 2021 and early 2022, the highest interest rates in 15 years have stepped right in to compensate for falling prices – making the dream of home ownership just as difficult to...

Ontario’s Housing Plan: ‘More Homes Built Faster’

Lee Quaile Broker of Record With so many prospective Canadian home buyers continuing to feel the negative effects of the ongoing housing crunch as we move into 2023, governments at various levels have been working for months to do what they can to legislate relief.  Towards the end of last year, the Ontario provincial government secured royal assent for one of the largest such efforts seen...

Changes Coming to the Canadian Housing Market

Lee Quaile Broker or Record I’m sure many of us will find common ground in hoping for some measure of stability in 2023, the new year coming as it does upon the heels of one which featured unprecedented ups and downs in the real estate market (just in case you weren’t already sick enough of seeing the word ‘unprecedented’).  And, happily, there are a handful of favourable indicators to...

Two Major Announcements Sure to Impact Ontario’s Housing Market

Lee Quaile Broker of Record The past 24 hours have brought a pair of significant developments in our province – both of which will change how millions of Ontarians interact with our housing market.  The roller coaster ride that’s characterized the past two years has been slowing for a few months now, with rising interest rates and general uncertainty working to put the brakes on the...

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