August 2022

Home Sales Slow Down in Waterloo Region as Interest Rates Rise 

Posted on Aug 05, 2022 in Waterloo Region Market Stats

WATERLOO REGION, ON (August 5, 2022) — 550 residential homes were sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in July, a decrease of 32.8 per cent compared to July 2021, and 32.3 per cent below the previous 5-year average for the month.

“In the wake of July’s interest rate hike, hom...

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