Market Updates
Stay up to date on real estate trends and home maintenance tips. Fore more detailed explanations, book an appointment with a sales representative today at info@shawrealtygroup.com.
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Waterloo Region Housing Market Starts 2025 with Higher Inventory, Softer Sales
WATERLOO REGION, ON (February 5, 2025) —In January, a total of 329 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 12.0 per cent decrease compared to the same period last year and a decline of 18.6 per cent compared to…
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Canada’s housing market recovery hits a bump but expected stay on track
Based on RBC.com/economics Robert Hogue, Assistant Chief Economist, Royal Bank of Canada
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Annual Home Sales in the Waterloo Region for 2024 saw a Slight Increase
December Home Sales a More Significant Boost WATERLOO REGION, ON (January 6, 2025) —There were 6,777 homes sold through the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone) in 2024, an increase of 2.8 per cent compared to 2023, and a decline of 18.9 per cent compared to the previous 5-year…
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How Lower Interest Rates Are Boosting Canada’s Housing Market: What It Means for Buyers and Sellers
Canada’s housing market is experiencing renewed momentum, thanks to a series of interest rate cuts by the Bank of Canada since June. Home resales jumped nearly 10% nationwide over October and November, with market conditions tightening and the MLS Home Price Index rising 0.6% last month. Although new listings have dipped recently, the overall supply…
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BoC cuts by 50 bps, signals more gradualapproach to follow
On December 11, 2024, the Bank of Canada (BoC) reduced its key policy rate by 50 basis points, bringing it to 3.25%. This marks the second consecutive half-percentage-point cut, following a similar reduction in October, cumulatively amounting to a 175-basis-point decrease since June. The decision aims to stimulate economic growth amid weaker-than-expected GDP figures and…
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December Maintenance Checklist
This little checklist will help you create a cozy, safe, and festive home despite the snowy weather. Prepare your home for the winter months. Enjoy the season! 🌨️🎄 1. Stock Up on Snow Removal Supplies 2. Protect Your Outdoor Fixtures 3. Light Up Safely 4. Plan for Emergencies 5. Seal Doors and Windows
