Market Watch July 2024 The Waterloo Region market in July saw a slight increase in sales compared to the same period last year, however it is a 16.6% decline from the previous 10 year average for the same month. While this increase is encouraging, many potential buyers are still taking the wait and see approach. […]
Author Archives: Lance Nielsen
05
Jul
Jul
Market Watch June 2024 Despite the summer heat the Waterloo Region housing market is cooling with a decrease in home sales in June, while the number of homes for sale is rising. The Bank of Canada rate decrease did not bring — what some predicted — home buyers flooding back into the market. Although B of C […]
09
Jan
Jan
Market Watch December 2023 Annual Home Sales Down Significantly in Waterloo Region in 2023 WATERLOO REGION, ON (January 5, 2024) — There were 6,623 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in 2023, a decrease of 14.8 per cent compared to 2022, and a decline […]
06
Dec
Dec
Market Watch November 2023 Waterloo Region Home Sales Cool in November WATERLOO REGION, ON (December 5, 2023) — In November, there were 441 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing a decrease of 4.5 per cent compared to the previous year and a decline […]
29
Nov
Nov
Market Watch September 2023 Much talk about the economy, interest rates, and immigration lately and how it affects the housing market. Yesterday interest rates were held but according to multiple sources the possibility of further increases is on the table. There are several factors affecting the housing market and much of the ranting and media […]
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