August 2022 – Rising Borrowing Costs Continue to Tame Home Sales in August
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 August included 413 detached (down…