Real Estate Market Updates

RISING BORROWING COSTS CONTINUE TO TAME HOME SALES IN AUGUST

Posted on Sep 07, 2022 in Waterloo Region Market Stats

WATERLOO REGION, ON (September 7, 2022) — 659 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) in August, a decrease of 8.1 per cent compared to August 2021 and 11.2 per cent below the previous 5-year average for the month.

Total residential sales in Aug...

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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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HOME PRICES CONTINUE TO DIP AS MONTHS SUPPLY RETURNS TO PRE-PANDEMIC LEVEL

Posted on Jul 07, 2022 in Kitchener-Waterloo Market Stats

KITCHENER-WATERLOO, ON (July 6, 2022) —There were 561 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in June, a decrease of 24.0 per cent compared to the same month last year, and 17.3 per cent below the previous 5-year average.

“For the fourth consecutive m...

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LISTINGS INCREASE WHILE HOME SALES SLOW IN MAY

Posted on Jun 05, 2022 in Kitchener-Waterloo Market Stats

MLS® HOME PRICE INDEX EASES FOR THIRD CONSECUTIVE MONTH


KITCHENER-WATERLOO, ON (June 3, 2022) —There were 661 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in May, a decrease of 22.7 per cent compared to the same month last year, and 5.5 per cent below the...

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MORE LISTINGS, SLOWER HOME SALES IN APRIL

Posted on May 05, 2022 in Kitchener-Waterloo Market Stats

MONTHLY PRICE GAINS EASE FOR SECOND STRAIGHT MONTH


KITCHENER-WATERLOO, ON (May 4, 2022) —The 633 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in April 2022 is a decrease of 25.0 per cent compared to April 2021. On a month-over-month basis, sales in April w...

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KITCHENER-WATERLOO HOME SALES UP IN MARCH, AVERAGE PRICE DIPS FROM FEBRUARY

Posted on Apr 05, 2022 in Kitchener-Waterloo Market Stats

KITCHENER-WATERLOO, ON (April 4, 2022) —The 725 residential homes sold through the Multiple Listing Service® System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in March 2022 is a decrease of 27.1 per cent compared to March 2021, which continues to hold the record for most home sales in a single month. On a month-over-mon...

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Marcia Grove Realty Team

Phone: 226.240.8320

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Keller Williams Innovation Realty, Brokerage

640 Riverbend Drive  Kitchener,  Ontario  N2K 3S2 

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