News

House prices in Kitchener and Waterloo jumped almost 13 per cent in January due to a buying spree by move-up buyers.

The average sale price hit $315,932 last month, up 12.9 per cent from $279,957 a year earlier. The average price for detached homes increased 14.5 per cent, to $361,470.

The Kitchener-Waterloo Association of Realtors said the increased activity by move-up buyers put upward pressure on the average sale price.

Located in the heart of Wortley Village, the focal point of London’s historic Old South Neighbourhood, rises a new home ownership opportunity previously unseen in London. This small, boutique condominium residence features commercial and retail throughout the main level complementing the pedestrian friendly atmosphere of the Village.

Patrick Carroll beamed under the beams he helped raise.

This new home on Gravel Ridge Trail has the finger prints of the Cambridge teen in a red Dr Pepper T-shirt and a dozen other St. Benedict high school students all over it.

It’s the completed class project in Community Home Building 101.

“This is definitely better than sitting in class” said the Grade 12 student.

“How many kids get to say they built a house?”

Well, 13 boys can say so this year.

Sage Condos in Waterloo is now previewing.  There has been tremendous local and GTA interest in this exciting new investment opportunity coming to Waterloo September 2013.