It may appear quiet in the Kingston real estate market, but the real action is at the open houses, which are busier in this dreadful weather than you might think. Serious buyers are out looking to pick up off-season deals and researching their options.
Buyers have... [ more
Usually my quarterly reports revolve around statistical information, but the market is too darn quiet right now, with everyone hiding from the cold.
The real story is in the bigger picture, the overall slowdown in the market in Ontario (save for over-heated markets... [ more
The Kingston real estate market took a good bounce in August after a year so far known more for being hard on property sellers vying for dollars in a sea of listings.
Sales were up a substantial 13 per cent over even last year’s healthy numbers.
It looks... [ more
FOR NEW TOWN HOME BUYERS
Here's the real skinny on buying town homes :
Ending up with the kind of home you want means some careful study and focus to ensure that you get it.
Obtain and read... [ more
TOWN HOMES IN THE KINGSTON AREA
New town home options are increasing in the Kingston area as seven builders begin developments in the west end in addition to current offerings.
Make it eight builders, counting Kaitlin Corp., in Bath which offers the... [ more
The Kingston real estate market has been generally kinder to buyers than sellers so far this year, as prices level off and the number of properties on the market rises.
By the numbers, greater Kingston real estate still hangs on to balanced market status, but has hit a calmer... [ more
These are general overviews of how Kingston's various areas are performing at the mid-year mark. For a more overall summary of the Kingston real estate market to date, please read the Reality Bites blog post. If you need further information, there is lots more and I'm always... [ more
Home sales in urban Kingston are down over 23 per cent in the first quarter of 2012 compared to the same period last year, while the number of listings that failed to sell is up 40 per cent.
This sluggish start to the city's real estate market might be a sign that a... [ more
NORTH AND EAST
Rideau Heights/Markers Acres
As of last year, Kingston no longer has a neighborhood with an average price under $200,000. This northeasterly corner was the last bastion of true affordability in Kingston. Average sale price in 2012... [ more
The downtown area of Kingston follows a slightly different path than real estate trends in the rest of the city. It can be a little more unpredictable, but never boring. Here's a closer look at last year's sales activity:
South of Princess, East of Sir John A
... [ more
Overall appreciation in Kingston in 2012, at three per cent, was slightly less than over the past few years, but this city continues to be a solid and stable real estate market. Here's more detail on what happened in west end neighborhoods:
WEST END (West of Gardiners Road,... [ more
The real estate slowdown arrived gently in stable Kingston in 2012, with average house prices rising only three per cent after a number of years of four to five per cent appreciation.
Here's a closer look at what's happening in central city neighborhoods:... [ more
STUDENT RENTAL BOOM IS #1 ISSUE IN POLSON,
CALVIN AND PORTSMOUTH
The number one concern I hear on my neighborhood rounds is the increasing number of houses being sold as student rentals.
St. Lawrence College has boosted... [ more
Oh it’s so easy to make predictions, and rewarding too.
Take the senior economist at TD, interviewed by numerous media after she predicted that the Ontario (and Kingston) real estate markets were overvalued by about 10 per cent and due for a correction.
Think... [ more
A bank report recently flagged Kingston real estate as overvalued, and ripe for a 10 per cent correction over the next few years. Not everyone is convinced. But there might be some areas heading for a price pull-back, after a few pretty solid years.
Here are... [ more
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