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MARKET UPDATE

View the article below from Waterloo Region Association of REALTORS® (WRAR)

🏘️ HOME SALES NOVEMBER 2025 🍂

Waterloo Region Home Sales for November 2025

WATERLOO REGION, ON (December 4, 2025) —In November, a total of 465 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 14.8 per cent decrease compared to the same period last year and a decline of nearly 25 per cent compared to the average number of homes sold in the previous ten years for the same month.

“We saw a continued cooling of the housing market in November with sales down nearly 15 percent year-over-year and prices adjusting accordingly,” says Christal Moura, spokesperson for the Waterloo Region market. “While seasonal slowdowns are expected at this time of year, softer demand has contributed to higher inventory levels than we’ve seen in some time. These conditions offer a real opportunity for first-time buyers. Increased inventory and longer days on the market allow buyers to explore options thoroughly and, with their REALTOR®’s expertise, negotiate from a stronger position. The combination of Waterloo region being a highly desirable place to live and the lower interest rates makes me hopeful that buyers will be coming off the sidelines in the year ahead.”

 

 

View the full report here:

https://wrar.ca/waterloo-region-home-sales-for-november-2025/

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The Kitchener-Waterloo real estate market is constantly changing, so please reach out for detailed stats that are specific to your neighbourhood, or to learn more about our region's historical data. 

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If you have any questions about the real estate market, let's connect.

519-888-7110

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