Categories for Market Update

KW Real Estate Market Takes a Breath in March

The local real estate market gave some pause in the month of March this year, providing an early indication that some market cooling could be on the horizon. While one month does not indicate a trend, it does signal that the red hot market might be starting to slow. That ...

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Strong February for KW Real Estate

There was no winter chill in the Kitchener-Waterloo real estate market this February. Sustained demand kept prices high, despite 806 new listings hitting MLS over the course of the month. That figure represents a 24.3% increase over the previous ten-year average for February, and a 9.5% increase over the same ...

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Strong Start to the New Year for KW Real Estate

2022 came in like a lion in the KW real estate market, setting new sales records in January. The 402 sales over the course of the month represent a new record high for January, well more than the 10-year average of 291. And, it’s not just the number of sales ...

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A Record-Setting December Closes Out a Big Year in KW Real Estate

December brought more milestones to the local real estate market, closing out a year that set records at every turn. Over the course of 2021, there were 7,581 homes sold in the region, which is 18.3% more than the record setting year of 2020. And, it wasn’t just the number ...

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Demand Remains Strong in the KW Real Estate Market for November

It’s a familiar refrain in the red-hot housing market here in KW; high demand and low inventory. The sustained pressure on real estate in our region has kept prices high, with supply unable to meet the demand. The stats illustrate this reality with some remarkable figures; there were 597 home ...

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Real Estate Prices Continue to Rise in October

October marks another month of strong real estate sales in Waterloo Region, with no apparent end in sight to the hot prices that have been becoming the norm. There were 593 homes sales in the month, 11.1% fewer than October 2020 and 16.5% fewer than September 2021. The strong demand ...

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Low inventory, high prices are the story of September in the KW market

Those hoping to see home prices cool off in Kitchener-Waterloo are having to wait a little longer. The September 2021 stats are in, and it was another month of high prices and minimal inventory. There were 506 homes sold this September, which is down 32.1% from the record-smashing month of ...

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High Demand and Low Supply for the August Real Estate Market

The high real estate prices in KW held their own for the month of August, hovering around the same levels we’ve been seeing consistently throughout 2021 thus far. However, the supply was definitely lacking, with only 535 homes sold over the course of the month. This is 22.1% lower than ...

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July’s Real Estate Market Stats are in for KW!

Low inventory and high demand kept the heat on the local housing market in July. With some of the lockdown restrictions lifting and residents of KW a little freer to enjoy the summer, there were decidedly fewer homes listed for sale last month. In fact, there were 24% fewer new ...

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KW Real Estate Market Strength Continues in June

Another month, another record in local real estate! The KW real estate market has continued to show strength through June, with 740 homes sold in the month. This is up 10% from the same month last year, and a 13.6% decrease from May 2021. Incredibly, the number of homes sold ...

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