Samvel Movsisyan

As many of you know, the hot topic in the GTA right now is housing affordability and the cause of rising prices. Some put the blame on speculators, which we know to be false. Learn why in this article from RE/MAX Canada. https://blog.remax.ca/toronto-real-estate-speculators-caus/

Did you know that Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market?

In March the number of properties sold was at historical high. Furthermore, the supply of houses in March significantly increased. Should we expect the real estate market cooling down?!

FOR LEASE - RENTED. You will be impressed! Immaculate 3 bedroom 3 bath 2 storey home in Williamsburg, one of the great family neighborhoods in city of Kitchener. If you were looking for a great place to live, then don't wait and reach me.

Kitchener-Waterloo region - in June home prices are up and it takes less days to sell. Are bidding wars on horizon? https://kwar.ca/june-2020-sales/

CREA released information on property sales in May. Though number of transactions is below the historical average, the average price is up compared to last year.

In Kitchener-Waterloo area the home prices are up compared to last year, though the number of listings and sales are down. https://kwar.ca/may-home-sales-climb/

There are opinions that house prices will go down drastically, meanwhile others think the prices will decrease slightly or even grow. Some make their predictions on statistical data, while others just on their gut feeling. As always has been the case at the end you may find that nobody was right or wrong. STICK TO YOUR NEIGHBOURHOOD DATA. All country wide averages most of time are irrelevant to your situation.

Good news for those working from home during hot summer days.

Here is some helpful information on how to find the right location for your future home. RE/MAX 2020 LIVEABILITY REPORT HIGHLIGHTS: Nine in 10 (91 percent) say there is at least one good factor that is important to them in the neighborhood they live in or wish to live in... - 61 percent ranked affordability - 37 percent ranked easily walkable - 34 percent ranked proximity to work Most respondents say they like their quality of life and liveability in the neighborhood they currently live in (90 percent) - 62 percent say they like it a lot Eight in 10 (82 percent) would make at least one sacrifice to live in the neighborhood that meets their liveability must-haves - 30 percent would sacrifice dog parks - 29 percent would sacrifice arts and culture - 26 percent would sacrifice property size - 26 percent would sacrifice proximity to parking options (carpool lots, parking garages) Seven in 10 (72 percent) would look on the internet (i.e. Google search) when looking for information about new neighborhoods they are interested in moving to - 39 percent would ask a real estate agent - 38 percent would go by word of mouth - 15 percent would rely on news and market trends reported in the media See more