Waterloo Region March Statistics

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“Waterloo Region is navigating one of its slowest Mays for sales in the past 15 years, yet the steady month-over-month progress since the start of the year is encouraging. A 9.8 per cent increase in sales from April, combined with a modest uptick in new listings, speaks to a market that is gradually finding its footing,” says Bill Duce, CEO of Cornerstone. “With a 4.0-month supply, Waterloo Region remains one of the more balanced markets in our market areas, and with the days on market holding steady year-over-year, the data suggests that well-priced homes are still moving efficiently. It is important to note that Cambridge, Kitchener, Waterloo, and the surrounding townships each tell their own story, and the dynamics can vary from one community to the next. As always, partnering with a local REALTOR® who understands the nuances of each area will be essential for both buyers and sellers looking to make informed decisions in this market.”  

To view the full report visit: https://cornerstone.inc/waterloo-region-housing-stats/