If you own a house in Waterloo Region, you’re richer than you think.

dollar signPeople always like to know the value of their house. They usually want to know for one of two reasons.

1)   They are thinking of selling, or

2)   House prices (almost) always go up, especially in the long run and it makes us feel good knowing that our largest investment is doing well.

If you own a house, you’ll be happy with this news. According to the Kitchener Waterloo Real Estate Board, so far this year (five months), the average price of all homes sold in Kitchener-Waterloo and area has increased 10.3 percent.

You’re richer than you think.

https://www.kwreb.on.ca/Stats/May%202010%20Media%20Release.pdf

More from Keith Marshall
Canada’s economy is just great
There is so much bad economic news in the newspaper: China’s economy...
Read More
Leave a comment

Your email address will not be published. Required fields are marked *