Market Updates

In May, home sales in Kitchener-Waterloo were on par with May in 2018, up 7.2% compared to the previous ten-year average for May.   “May is often the most active…

In April, there was a 1.1% increase in home sales compared to April in 2018, up 2.2% compared to the previous ten-year average for April.   “While sales of detached…

In March, there was a 5.7% decrease in home sales compared to March in 2018, down 7% compared to the previous ten-year average for March.   “The average number of…

In February, there was an 8.3% decrease in home sales compared to February in 2018.   “The series of winter storms in February not only kept buyers indoors and off…

In January, there was a 14.6% increase in home sales compared to January in 2018.   “January was surprisingly busy with an above average number of home sales.” Brian Santos,…

In December, there was an 11.1% decrease in home sales compared to December in 2017. “The combination of rising interest rates and the mortgage stress test definitely took some steam…

In November, there was a 14.2% increase in home sales compared to November in 2017.   “For the second straight month we are reporting stronger than average sales.” Brian Santos, President of KWAR   November…

In October, there was a 7.8% increase in home sales compared to October in 2017.   “It was a stronger than average October for home sales and listing activity. Gradually increasing interest rates could be nudging both buyers and sellers from…

In September, there was a 4.7% decrease in home sales compared to September in 2017.   “The stress-test that came into force on all new mortgages at the beginning of…

In August, there was a 0.8% decrease compared to last month and an increase of 4.8% compared to home sales a year ago.   “On a year-to-date basis, we’re still…