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Waterloo Region January Statistics
“Despite the monthly decrease in sales volume, Waterloo Region is showing encouraging signs with modest monthly price growth in both Kitchener-Waterloo and Cambridge. The doubling of new listings from December to January demonstrates renewed seller confidence, especially considering January’s challenging weather conditions that included significant snowstorms and periods of extreme cold that prompted weather warnings across the region.” – Bill Duce,…
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June Housing Stats Point to More Balanced Market in Waterloo Region
WATERLOO REGION, ON (July 4, 2025) —In June, a total of 676 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 0.3 per cent increase compared to the same period last year and a decline of 21.7 per cent compared…
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Waterloo Region Home Sales Cool in March as Inventory Reaches Nine-Year High
(April 2, 2025) —In March, a total of 459 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 23.1 per cent decrease compared to the same period last year and a decline of 45.2 per cent compared to the average number…
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New Listings Rise, While Home Sales Decline in Waterloo Region
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends. WATERLOO REGION, ON (March 5, 2025) —In February, a total of 363 homes were…
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Canada’s housing market recovery hits a bump but expected stay on track
Based on RBC.com/economics Robert Hogue, Assistant Chief Economist, Royal Bank of Canada
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BoC cuts by 50 bps, signals more gradualapproach to follow
On December 11, 2024, the Bank of Canada (BoC) reduced its key policy rate by 50 basis points, bringing it to 3.25%. This marks the second consecutive half-percentage-point cut, following a similar reduction in October, cumulatively amounting to a 175-basis-point decrease since June. The decision aims to stimulate economic growth amid weaker-than-expected GDP figures and…
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November Home Sales in Waterloo Region Up Over Last Year
In November 2024, home sales in the Waterloo Region saw a significant year-over-year increase, with 539 homes sold, representing a 21.1% rise compared to November 2023. However, this figure was down 13.1% compared to the average number of sales for the same month over the past decade. The market is now experiencing more balanced conditions,…
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Canada’s housing market ends the fall season on an upswing
Lower interest rates are increasingly converting large pent-up demand for housing into homebuying transactions.Most major markets saw rises in resales and prices between October and November, adding to gains realized the previous month.The buildup of inventories this year has facilitated the resale market upswing.Price pressures remain tame for the most part though there are notable…
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Canada per-capita GDP declined again in Q3
The Canadian economy continues to slow, with per-person GDP falling for the sixth straight quarter, despite some signs of recovery in areas like consumer spending and residential investment. This slowdown means buyers and sellers could see shifting market conditions: The good news? Lower interest rates expected in December could bring more activity to the market,…
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Home Sales in the Waterloo Region Increased in October
WATERLOO REGION, ON (November 4, 2024) —In October, a total of 604 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 7.1 per cent increase compared to the same period last year and a decline of 14.2 per cent compared to…