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- fast and friendly services
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"If you believe business is built on relationships, make building them your business."
Ian Inglis
šļø HOME SALES JULY 2022 š¼
Home Sales Slow Down in Waterloo Region as Interest Rates Rise
WATERLOO REGION, ON (August 5, 2022) ā 550 residential homes were sold through the Multiple Listing ServiceĀ® (MLSĀ®) System of the Waterloo Region Association of REALTORSĀ® (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.
āIn the wake of Julyās interest rate hike, home sales in Waterloo Region continued to slow,ā says Megan Bell, President of WRAR. āWeāre seeing a clear shift in the market and what people can afford to purchase or are willing to pay. On the bright side for buyers, itās not the extreme sellersā market it was.ā
View the full report here:
550 residential homes were sold through the WRAR MLSĀ® System in July, a decrease of 32.8% compared to July 2021.
JUST SOLD - 20 INADALE COURT, KITCHENER - MLS
Congratulations to our clients on the sale of their beautiful home!
Are you curious what your home is worth?
Contact the INGLIS TEAM to learn more about our PREMIUM LISTING PACKAGE and how we can help get you the most $$$ for your home in this market.
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