Student Housing

WATERLOO UNIVERSITIES PREPARE FOR A NEW YEAR AMID RENTAL FRENZY

The end of the summer vacation season tends to be a hectic time for most people, but it’s always been doubly so for residents of Waterloo – for visiting students and year-rounders alike. With three major post-secondary institutions to be found within five minutes of the centre of town, late August and early September each year bring a surge of population back to what’s always been a relatively...

WATERLOO STUDENT HOUSING RENTAL RATES CONTINUE TO RISE!

A couple of weeks back I pushed out a post on how the student housing market here in Waterloo has been faring in the midst of an unprecedented past 12 months. The full article is available for review here, but the Coles Notes version is that we’ve been performing much better than was expected initially. Even in the worst of the pandemic, more university students have opted to remain in...

WATERLOO UNIVERSITIES AIM TO RESUME IN-CLASS LEARNING THIS FALL

Over the past several weeks, I’ve outlined the case for optimism regarding the student housing market in Waterloo on a couple of occasions, most thoroughly here. What seemed to be a particularly vulnerable sector amid the initial uncertainty of last year has since demonstrated an impressive knack for resiliency, with vacancy rates staying low and property values holding strong. I’ve...

THE STATE OF STUDENT HOUSING IN WATERLOO: WHERE DO WE STAND?

Real estate markets in Waterloo Region weathered 2020 in far better shape than many initial projections would have suggested.  For example, who else remembers that now-infamous CMHC report from last spring which forecast a drop in average sale prices of as much as 18 percent?  In reality, average sale prices in Kitchener-Waterloo increased over the one-year period between December 2019 and...

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