Waterloo Region Market Stats

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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