Real Estate Market Updates

October 2022 – Fewer Homes Sold in October

491 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 39.7 per cent compared to October 2021 and 36.2 per cent below the previous 5-year average for the month. Total residential sales in October included 310 detached (down 38.2 per…

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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…

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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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