Short answer: The Waterloo Region housing market October 2026 numbers show fewer sales and fewer new listings than a year ago, with benchmark prices a little lower in Cambridge, Kitchener and Waterloo. Supply stayed fairly tight at 3.7 months across the region, and homes sold in 31 days on average, the same as last October. Here is what I, Shaw Hasyj, see in the new Cornerstone numbers for Cambridge, Kitchener and Waterloo.
Last month I covered the September 2026 Waterloo Region update.
How did the Waterloo Region housing market do in October 2026?
Across Waterloo Region, October was quieter than a year ago. Changes are compared with October 2025:
- Home sales: 489, down 14.5%
- New listings: 1,025, down 17.3%
- Average sale price: $718,851, down 1.3%
- Months’ supply: 3.7, down 5.1%
- Average days on market: 31, unchanged
Source: Cornerstone Association of REALTORS®, October 2026 data (Waterloo Region housing statistics, as of November 3, 2026).
What is a typical home worth in Cambridge, Kitchener and Waterloo?
The MLS® Home Price Index (HPI) benchmark tracks a typical home, so it is steadier than an average price. In October 2026:
- Cambridge benchmark: $644,400, down 2.8% from September and down 6.3% from October 2025
- Kitchener and Waterloo benchmark (Cornerstone reports them as one area): $624,600, down 0.9% from September and down 4.7% from October 2025
Source: Cornerstone Association of REALTORS®, October 2026 market update, released November 4, 2026 (Cornerstone housing market statistics).
What happened in Cambridge in October?
In Cambridge, where our office is, sales slowed but homes still sold in about a month:
- Home sales: 113, down 24.2% year over year
- New listings: 219, down 22.6%
- Average price: $701,106, down 3.0%
- Months’ supply: 3.3, down 2.9%
- Days on market: 34, up 17.2%
Source: Cornerstone Association of REALTORS®, October 2026 data (Waterloo Region housing statistics, as of November 3, 2026).
Want street by street detail? See my Cambridge area guide.
What happened in Kitchener and Waterloo?
In the City of Kitchener:
- Home sales: 203, down 17.8% year over year
- New listings: 529, down 9.3%
- Average price: $664,950, down 1.9%
- Months’ supply: 3.9, down 2.5%
- Days on market: 31, up 10.7%
In the City of Waterloo, sales were the one number that rose:
- Home sales: 114, up 2.7% year over year
- New listings: 187, down 26.7%
- Average price: $734,493, down 4.6%
- Months’ supply: 3.5, down 23.9%
- Days on market: 28, down 24.3%
Source: Cornerstone Association of REALTORS®, October 2026 data (Waterloo Region housing statistics, as of November 3, 2026).
How does Waterloo Region compare with the wider Cornerstone area?
Across every Cornerstone market area (Waterloo Region, Hamilton Burlington, Mississauga, Haldimand, Niagara North and Norfolk), October brought:
- 1,337 home sales, up 13.1% from September and down 8.9% from October 2025
- 2,860 new listings, down 15.1% from September and down 14.6% from October 2025
- 4.5 months of supply, unchanged from October 2025
- 37 average days on market, compared with 40 in September and 38 in October 2025
Source: Cornerstone Association of REALTORS®, October 2026 market update, released November 4, 2026 (Cornerstone housing market statistics).
At 3.7 months, Waterloo Region’s supply was tighter than the 4.5 month figure for the whole Cornerstone area.
What do these numbers mean for you?
Fewer new listings means buyers have a bit less to choose from than last fall, while sellers face buyers who are taking their time. Cornerstone itself cautions that these statistics show long term trends and should not be read as the value of a specific property.
If you are thinking about selling, my Sell page shows how we market homes and where we have sold. You can also read more about me.
Frequently asked questions about Cambridge, Kitchener and Waterloo with Shaw Hasyj
What is the Waterloo Region housing market like in October 2026?
Waterloo Region had 489 home sales in October 2026, down 14.5% from October 2025, with 1,025 new listings and 3.7 months of supply, according to the Cornerstone Association of REALTORS®.
What is the benchmark home price in Cambridge?
The Cambridge MLS® HPI benchmark was $644,400 in October 2026, down 2.8% from September and 6.3% from October 2025, according to the Cornerstone Association of REALTORS®.
How long are homes taking to sell in Waterloo Region?
Homes in Waterloo Region sold in 31 days on average in October 2026, unchanged from a year earlier. In Cambridge the figure was 34 days, in Kitchener 31 days and in Waterloo 28 days.
Who can explain what these numbers mean for my home in Cambridge, Kitchener or Waterloo?
Shaw Hasyj of Shaw Realty Group, Brokerage works with buyers and sellers in Cambridge, Kitchener and Waterloo. Call 1-800-764-8138 or request a home value estimate online.
Want to know what your home is worth?
Every home is different. If you live in Cambridge, Kitchener or Waterloo, I, Shaw Hasyj, can walk you through what these October numbers mean for your street. Find out what your home is worth, call 1-800-764-8138, or visit Shaw Realty Group, Brokerage at Unit B201, 215 Queen St W, Cambridge.
This article is for general information only and isn’t legal, tax or financial advice.
About Shaw Hasyj
Shaw Hasyj
Owner, Sales Representative, Shaw Realty Group, Brokerage
Shaw helps buyers and sellers in Cambridge, Kitchener and Waterloo, plus Huntsville, and has more than 10 years of experience in real estate. He has been featured on CTV News Kitchener and local radio. When you hire Shaw, you get Shaw.
Read Shaw’s bioWhat’s your home worth?Call 1-800-764-8138
Office: Unit B201, 215 Queen St W, Cambridge