Market Watch November 2024 First I’d like to wish you and your family a Merry Christmas, Happy Holidays, and the best in the New Year. I hope you have a fantastic time with family and friends. In November 2024, the Waterloo Region real estate market showed signs of coming back to life, with 539 homes […]
Category Archives: Market Watch Newsletter
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Nov
Nov
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 […]
05
Oct
Oct
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 […]
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Sep
Sep
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 […]
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Aug
Aug
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. […]
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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 […]
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Jun
Jun
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 […]
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May
May
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 […]
12
Apr
Apr
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 […]
22
Mar
Mar
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 […]
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