Author Archives: Lance Nielsen

Market Watch July 2025

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch June 2025 The final stretch of summer is upon us! Here is what’s happening in the market. WATERLOO REGION In July 2025, 644 homes were sold in Waterloo Region, matching last year’s sales but 14.3% below the 10-year average for the month. Market activity remained steady, with increased inventory and stable interest rates […]

Market Watch June 2025

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch June 2025 Summer is here, enjoy! WATERLOO REGION, BALANCED MARKET. The Waterloo Region housing market in June 2025 demonstrated stability with 676 homes sold, representing a marginal 0.3% increase from the previous year, though sales remained 21.7% below the ten-year average for the month. The market is experiencing a notable shift toward more […]

Market Watch May 2025

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch May 2025 Wishing you a happy summer! WATERLOO REGION The Waterloo Region housing market experienced a notable slowdown in May 2025, with 675 homes sold through MLS®, a 9.3% decrease from the previous year and 26.2% below the ten-year average for May. Despite declining home prices, with the overall average sale price dropping […]

Market Watch March 2025

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch March 2025 Hope this finds you well! In March 2025, 459 homes were sold in Waterloo Region, a 23.1% decrease from March 2024 and 45.2% below the ten-year average. Despite lower sales, inventory levels surged to their highest March level since 2015, offering buyers more choices and time. Detached homes (259), townhouses (98), […]

Market Watch February 2025

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch February 2025 Hope all is well. These are fluid times! In February 2025, home sales in the Waterloo Region declined significantly, with 363 properties sold—a 26.1% drop compared to last year and 38.8% below the ten-year average. Despite this, the market saw a 7.3% increase in new listings, bringing more opportunities for buyers. […]

Market Watch October 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch October 2024 In October 2024, the Waterloo Region real estate market showed signs of improvement with 604 homes sold, marking a 7.1% increase from the previous year, though still below the 10-year average. The average sale price reached $779,008, representing a modest 1.4% increase year-over-year but a slight decrease from September. The market […]

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