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What do historical values say? IS KITCHENER-WATERLOO IN A “HOUSING BUBBLE”?

Is Kitchener-Waterloo in a 'Housing Bubble'?

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Page 1: Is Kitchener-Waterloo in a 'Housing Bubble'?

What do historical values say?

IS KITCHENER-WATERLOO

IN A “HOUSING BUBBLE”?

Page 2: Is Kitchener-Waterloo in a 'Housing Bubble'?

The blue line shows actual average home

prices in Kitchener-Waterloo since 1970

0

40,000

80,000

120,000

160,000

200,000

240,000

280,000

320,0001970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

K-W Average Home Prices1970 - 2012

Average Sale Price

Page 3: Is Kitchener-Waterloo in a 'Housing Bubble'?

The red line shows what would have happenedif prices had increased 6% each year since 1970

The blue line shows actual average home

prices in Kitchener-Waterloo since 1970

0

40,000

80,000

120,000

160,000

200,000

240,000

280,000

320,0001970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

K-W Average Home Prices1970 - 2012

Average Sale Price If prices had gone up 6%/yr

Page 4: Is Kitchener-Waterloo in a 'Housing Bubble'?

The red line shows what would have happenedif prices had increased 6% each year since 1970

The blue line shows actual average home

prices in Kitchener-Waterloo since 1970

0

40,000

80,000

120,000

160,000

200,000

240,000

280,000

320,0001970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

K-W Average Home Prices1970 - 2012

Average Sale Price If prices had gone up 6%/yr

THISis a Bubble

Page 5: Is Kitchener-Waterloo in a 'Housing Bubble'?

The red line shows what would have happenedif prices had increased 6% each year since 1970

The blue line shows actual average home

prices in Kitchener-Waterloo since 1970

0

40,000

80,000

120,000

160,000

200,000

240,000

280,000

320,0001970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

K-W Average Home Prices1970 - 2012

Average Sale Price If prices had gone up 6%/yr

THISis a Bubble

THISis not

Page 6: Is Kitchener-Waterloo in a 'Housing Bubble'?

call 519-579-4110 or visit ourwebsite at www.kwasks.ca

For more info on the

Real Estate Market

in Kitchener-Waterloo