Category: Market Update •

Real Estate market updates for Kitchener-Waterloo and Waterloo region.

7 March 2025

What do Trump’s Tariffs Mean for the Ontario Real Estate Market?

The Ontario real estate market is constantly evolving, and recent economic shifts are introducing new challenges and opportunities for buyers, sellers, and developers. Factors such as rising construction costs, fluctuating mortgage rates, and political uncertainties are shaping the province’s housing landscape. Understanding these changes is key to making informed real estate decisions. Construction Costs on the Rise The cost of building new homes is increasing […]

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abcWhat do Trump’s Tariffs Mean for the Ontario Real Estate Market?cba
6 March 2025

What is Going on in the Waterloo Region Real Estate Market?

Amid geopolitical turmoil and the snowiest February in over a decade, what is going on in the Waterloo Region Real Estate Market? Total residential sales in February included 221 detached homes (down 21.9 per cent from February 2024), and 71 townhouses (down 36.0 per cent). Sales also included 47 condominium units (down 35.6 per cent) and 23 semi-detached homes (down 4.2 per cent). In February, […]

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abcWhat is Going on in the Waterloo Region Real Estate Market?cba
9 January 2025

Waterloo Region Real Estate: A December 2024 Market Recap and What to Expect in 2025

As we begin 2025, it is a great time to reflect on the 2024 Waterloo Region Real Estate Market and ponder what this year may bring. Residential Sales Trends in 2024 In all of 2024, total residential sales included 4,100 detached (up 5.5% compared to 2023), and 1,368 townhouses (up 2.6% compared to 2023). Sales also included 821 condominium apartments (down 8.8% compared to 2023) […]

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abcWaterloo Region Real Estate: A December 2024 Market Recap and What to Expect in 2025cba
10 September 2024

September Waterloo Region Real Estate Market Update

While the number of sales continues to be considerably lower than the 10-year annual average, the local real estate market remains relatively stable on sale price, bringing a little more predictability to transactions. Read more in this market update. Single detached are seeing the greatest demand, while condominium apartment sales continue to struggle. The total listing inventory across the market increased by 50 %, resulting […]

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abcSeptember Waterloo Region Real Estate Market Updatecba
20 June 2024

June 2024 Waterloo Region Real Estate Market Update

The Waterloo Region Real Estate Market is holding steady for the most part! As we head into summer, we hope you are looking forward to fun plans to make the most of the great weather! With Bank of Canada having made a 0.25% cut to their policy rate at their scheduled June announcement date, many Canadians are sighing a breath of relief and hoping for […]

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abcJune 2024 Waterloo Region Real Estate Market Updatecba