Category Archives: Market Watch Newsletter

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 […]

Market Watch September 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch September 2024 Wishing you and yours a Happy Thanksgiving! Now that the circus has officially set up camp in Ottawa, the government is doing back flips on the trapeze in light of a looming election. Most notably the mortgage rule changes for first time buyers. 30-Year Amortization for Insured Mortgages: First-time buyers putting […]

Market Watch August 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch August 2024 Hope all is well. Where did summer go?! Waterloo Region’s housing market in August 2024 shows a mixed picture. While overall sales dipped 5.3% year-over-year, detached homes defied the trend with a 6% increase in sales. The average home price rose slightly to $769,203, up 1.1% from last year. Inventory is […]

Market Watch July 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

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. […]

Market Watch May 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch May 2024 WATERLOO REGION SEES DIP IN HOME SALES DUE TO SLUGGISH CONDO MARKET WATERLOO REGION, ON (June 5, 2024) —In May, a total of 742 homes were sold via the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR). This represents a decrease of 8.1 per cent compared […]

Market Watch April 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch April 2024 WATERLOO REGION SEES SLIGHT SALES GROWTH IN APRIL ALONG SIDE A STRONG INCREASE IN HOMES FOR SALE WATERLOO REGION, ON (May 3, 2024) —In April, a total of 692 homes were sold via the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR). This represents an increase […]

Market Watch March 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch March 2024 Waterloo Region Experienced a Record Low in Home Sales During March WATERLOO REGION, ON (April 4, 2024) —In March, a total of 596 homes were sold via the Multiple Listing Service® (MLS®) System of the Waterloo Region  Association of REALTORS® (WRAR). This represents a decrease of 3.2% compared to the same […]

Market Watch February 2024

Lance Nielsen REALTOR

Market Watch February 2024 Waterloo Region Home Sales Sluggish in February, Prices Steady WATERLOO REGION, ON (March 5, 2024) — In February, there were 485 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 9.7 per cent compared to the previous year and […]

Market Watch January 2024

Lance Nielsen REALTOR Kitchener Waterloo Guelph

Market Watch January 2024 Waterloo Region’s Housing Market Shows Signs of Improvement in January WATERLOO REGION, ON (February 2, 2024) — In January, there were 375 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 25.4 per cent compared to the previous year and […]

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