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Waterloo area
According to local Realtors, the lack of inventory and purchase options was the main reason for the decrease in home sales in keqina and Waterloo last month. The Kitchener-
The Waterloo Association of Realtors reported residential sales of 511 in the month. 7-per-
Compared with the same month a year ago, cents fell, down 7 cents from the previous 10-year average.
When the sales volume of independent homes increases year by yearover-
Half-price sales
Separate homes, townhouses and apartments have fallen sharply.
"I think this can be attributed to the lack of inventory and option buyers in the market," Association president Brian Santos said in a press release . ".
Total residential sales in the third quarter included 325 independent residential units (up 3. 2 per cent)
Apartment 45 (down 11. 8 per cent)
, 116 townhouse (down 14. 7 per cent)and 25 semi-Independent Housing (down 37. 5 per cent).
Real estate agents listed 797 properties in Kitchener
Waterloo last month, a 4.
Compared with March 2018 and 4, it fell by 8 percentage points.
5 percentage points lower than 10-
Annual average for the month.
Real estate agents sold 343 homes in February, a continuation of a slowdown in sales. a drop of 8.
Three percentage points higher than last year, the slowest in more than 10 years in February.
The Association blamed the reduction in numbers for the bad winter weather.
Although sales fell in the third quarter, average sales prices continued to rise.
The average price of all residential properties sold last month rose by 3.
Year-on-year growth of $505,855.
The middle price rose 3.
474,900 to US dollars.
The average price of single-family homes was $585,668, up 0 year on year. 8 per cent.
The average price of an apartment-style apartment is $320,857, an increase of $7. 5 per cent.
The average price of townhouses fell by 372,003 to US dollars, while the average price of semis rose by 6.
422,360 to US dollars.
"While experts are focused on the challenge of affordability, it also reflects the greater attributes of livability and how the Waterloo area provides a quality of life," Santos said . ".
At the end of the third quarter, there were 819 active houses, up 5 year on year.
4 percentage points higher than the same period last year, but still far less than the first 10 percentage points
On average, there are 1,371 listed companies this year.
Santos believes the new mortgage stress test has pushed home buyers to lower prices.
"It's hard for buyers trying to find a house under the $500,000 mark --
Because domestic demand in this area is the strongest . "
Jjackson @ therecord
@ JamesDEJ jjackson @ therecord.
Com's microblog: @ JamesDEJWATERLOO area
According to local Realtors, the lack of inventory and purchase options was the main reason for the decrease in home sales in keqina and Waterloo last month. The Kitchener-
The Waterloo Association of Realtors reported residential sales of 511 in the month. 7-per-
Compared with the same month a year ago, cents fell, down 7 cents from the previous 10-year average.
When the sales volume of independent homes increases year by yearover-
Half-price sales
Separate homes, townhouses and apartments have fallen sharply.
"I think this can be attributed to the lack of inventory and option buyers in the market," Association president Brian Santos said in a press release . ".
Total residential sales in the third quarter included 325 independent residential units (up 3. 2 per cent)
Apartment 45 (down 11. 8 per cent)
, 116 townhouse (down 14. 7 per cent)and 25 semi-Independent Housing (down 37. 5 per cent).
Real estate agents listed 797 properties in Kitchener
Waterloo last month, a 4.
Compared with March 2018 and 4, it fell by 8 percentage points.
5 percentage points lower than 10-
Annual average for the month.
Real estate agents sold 343 homes in February, a continuation of a slowdown in sales. a drop of 8.
Three percentage points higher than last year, the slowest in more than 10 years in February.
The Association blamed the reduction in numbers for the bad winter weather.
Although sales fell in the third quarter, average sales prices continued to rise.
The average price of all residential properties sold last month rose by 3.
Year-on-year growth of $505,855.
The middle price rose 3.
474,900 to US dollars.
The average price of single-family homes was $585,668, up 0 year on year. 8 per cent.
The average price of an apartment-style apartment is $320,857, an increase of $7. 5 per cent.
The average price of townhouses fell by 372,003 to US dollars, while the average price of semis rose by 6.
422,360 to US dollars.
"While experts are focused on the challenge of affordability, it also reflects the greater attributes of livability and how the Waterloo area provides a quality of life," Santos said . ".
At the end of the third quarter, there were 819 active houses, up 5 year on year.
4 percentage points higher than the same period last year, but still far less than the first 10 percentage points
On average, there are 1,371 listed companies this year.
Santos believes the new mortgage stress test has pushed home buyers to lower prices.
"It's hard for buyers trying to find a house under the $500,000 mark --
Because domestic demand in this area is the strongest . "
Jjackson @ therecord
@ JamesDEJ jjackson @ therecord.
Com's microblog: @ JamesDEJWATERLOO area
According to local Realtors, the lack of inventory and purchase options was the main reason for the decrease in home sales in keqina and Waterloo last month. The Kitchener-
The Waterloo Association of Realtors reported residential sales of 511 in the month. 7-per-
Compared with the same month a year ago, cents fell, down 7 cents from the previous 10-year average.
When the sales volume of independent homes increases year by yearover-
Half-price sales
Separate homes, townhouses and apartments have fallen sharply.
"I think this can be attributed to the lack of inventory and option buyers in the market," Association president Brian Santos said in a press release . ".
Total residential sales in the third quarter included 325 independent residential units (up 3. 2 per cent)
Apartment 45 (down 11. 8 per cent)
, 116 townhouse (down 14. 7 per cent)and 25 semi-Independent Housing (down 37. 5 per cent).
Real estate agents listed 797 properties in Kitchener
Waterloo last month, a 4.
Compared with March 2018 and 4, it fell by 8 percentage points.
5 percentage points lower than 10-
Annual average for the month.
Real estate agents sold 343 homes in February, a continuation of a slowdown in sales. a drop of 8.
Three percentage points higher than last year, the slowest in more than 10 years in February.
The Association blamed the reduction in numbers for the bad winter weather.
Although sales fell in the third quarter, average sales prices continued to rise.
The average price of all residential properties sold last month rose by 3.
Year-on-year growth of $505,855.
The middle price rose 3.
474,900 to US dollars.
The average price of single-family homes was $585,668, up 0 year on year. 8 per cent.
The average price of an apartment-style apartment is $320,857, an increase of $7. 5 per cent.
The average price of townhouses fell by 372,003 to US dollars, while the average price of semis rose by 6.
422,360 to US dollars.
"While experts are focused on the challenge of affordability, it also reflects the greater attributes of livability and how the Waterloo area provides a quality of life," Santos said . ".
At the end of the third quarter, there were 819 active houses, up 5 year on year.
4 percentage points higher than the same period last year, but still far less than the first 10 percentage points
On average, there are 1,371 listed companies this year.
Santos believes the new mortgage stress test has pushed home buyers to lower prices.
"It's hard for buyers trying to find a house under the $500,000 mark --
Because domestic demand in this area is the strongest . "
Jjackson @ therecord
@ JamesDEJ jjackson @ therecord.