Real Estate Market Updates

May 2022 – LISTINGS INCREASE WHILE HOME SALES SLOW IN MAY

MLS® HOME PRICE INDEX EASES FOR THIRD CONSECUTIVE MONTH 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 previous 5-year average. “The…

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April 2022 MORE LISTINGS, SLOWER HOME SALES  

MONTHLY PRICE GAINS EASE FOR SECOND STRAIGHT MONTH 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 were down 13.4 per cent compared…

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March 2022 – KITCHENER-WATERLOO HOME SALES UP

AVERAGE PRICE DIPS FROM FEBRUARY 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…

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January 2022 – Number Of Home Sales in January Set A New Record

The 402 residential homes sold last month through the Multiple Listing Service® (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), set a new record high for January. On a year-over-year basis January’s sales were up 12.3 per cent; compared to last month they were up 16.5 per cent. The previous ten-year average number of…

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November 2021 – A record high November in Real Estate Sales

There were 597 residential homes sold last month through the Multiple Listing Service® of the Kitchener-Waterloo Association of REALTORS® setting a new record high for November. Compared to the same month last year, November sales were up 4.4% and on par with last month. The previous ten-year average number of residential sales for November is…

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October 2021 – Prices continue to increase with strong home sales.

A total of 593 residential homes sold last month through the Multiple Listing Service® (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR). This was a decrease of 11.1 per cent compared to last October and an increase of 16.5 per cent compared to September. “While not as red-hot as last year’s record-breaking October, it…

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August 2021 – Number of Homes Sold is down from July

A total of 535 residential homes sold last month through the Multiple Listing Service® of the Kitchener-Waterloo Association of REALTORS®. This was a decrease of 22.1 per cent compared to last August’s record-smashing month, and a decrease of 12.3 per cent compared to July. While sales were down relative to last month and last August,…

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