Market Updates – The Mansour Team
Kitchener Waterloo and The Waterloo Region's Best Choice for Real Estate!
Kitchener’s Real Estate Market Shows Resilience During Challenging Times The real estate market in Kitchener, Ontario has proven to be remarkably resilient amidst the challenging circumstances posed by the ongoing pandemic. Despite the economic uncertainties brought by COVID-19, Kitchener’s real estate sector has shown remarkable strength and stability, making it an attractive option for both…
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Waterloo Real Estate Market Surges Despite the Challenging Times: Here’s Why Waterloo, a vibrant city in the heart of southwestern Ontario, has been defying the odds amidst the ongoing pandemic. Despite the challenges posed by Covid-19, the real estate market in Waterloo has experienced a significant surge. This unexpected trend has left many wondering why…
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The COVID-19 pandemic has had a significant impact on the real estate market, with many cities experiencing a significant downturn in sales and prices. However, one market that seems to be defying this trend is the luxury home market in Kitchener. In recent months, the Kitchener luxury home market has been thriving, seeing an increase…
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The standard pandemic narrative goes something like this: COVID-19 pushed renters into fleeing their tiny, claustrophobic apartments in the big, expensive cities—in turn causing monthly rents to plummet. However, it turns out that’s only partly true. Nationally, monthly rents continued to fall for studios, typically the smallest spaces, according to realtor.com®’s October rental report. However,…
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Home prices across the nation continued to defy reason as they sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted. Unlike during the Great Recession, the median price for single-family homes zoomed up in the third quarter compared with the same period the previous year…
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