Category: Market Update

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

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
10 April 2024

Waterloo Region is Experiencing a Brisk Spring Market!

While the volume of sales activity is lower compared to last year’s market and compared to the five-year average for March, for most home types, average sale prices are rising. Buyer demand is strong so far in 2024, as would-be homeowners try and get ahead of the inevitable increase in competition and price that will certainly occur once interest rates begin to decrease – but […]

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abcWaterloo Region is Experiencing a Brisk Spring Market!cba
8 March 2024

March 2024 Real Estate Market Update

The Waterloo Region Real Estate Market has shown clear signs of resilience and strength in the first several weeks of 2024.  After a decidedly sluggish last 6 months of 2023, buyer confidence is clearly picking up again. For the 6th announcement date in a row, Bank of Canada held their policy interest rate steady at 5 % on March 6th.  It is widely predicted that […]

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abcMarch 2024 Real Estate Market Updatecba
15 January 2024

January 2024 – Navigating the Waterloo Region Real Estate Market

Impact of High Interest Rates on Real Estate Plans High interest rates have caused many homebuyers and sellers to push pause on their real estate plans over the last six months, significantly curtailing overall activity in housing markets in Waterloo Region, and across the country. However, as Canadians continue to adjust to higher borrowing costs, and the first anticipated rate cut by the Bank of […]

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abcJanuary 2024 – Navigating the Waterloo Region Real Estate Marketcba