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 ...
Continue ReadingAnother 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 ...
Continue ReadingMay was another banner month for real estate in Kitchener-Waterloo! While still setting records for home sales for the month of May, it was relatively stable when compared to April 2021. The 854 residential homes sold in the month represent a 100.9% increase over May 2020, but only a 0.9% ...
Continue ReadingThe local real estate market has remained extremely strong through the month of April, but has shown some signs of levelling off. While the stats still show a huge increase year over year, the numbers are fairly stable when viewed month to month. For example, the average residential home sold ...
Continue ReadingMore records were smashed in the local real estate market in March! There were 993 residential homes sold, which is the highest number of monthly sales in history. To put that number in perspective, the previous 10-year average for March is 552 homes sold. And, the previous record for monthly ...
Continue ReadingKitchener-Waterloo’s hot real estate market has continued its record-breaking run, bringing in some wild stats for the month of February. With demand remaining high amidst low supply, competition has driven prices to levels we have never before seen in our region. Case in point, February ended with just 295 homes ...
Continue Reading2021 got off to a roaring start in the Kitchener-Waterloo real estate market, showing no signs of letting up on the growth of the previous year. Typically a slow month, this January bucked the trend with 351 units sold, which is 24.9% more than the same month last year. The ...
Continue ReadingDecember was another busy month for home sales in Kitchener-Waterloo, capping off a memorable and dynamic 2020 for local real estate. While the first half of the year lagged due to the pandemic, the second half roared back and then some, setting sales records for six consecutive months. When all ...
Continue ReadingNovember 2020 was a record-setting month in more ways than one! With long stretches of soaring temperatures, jackets were optional for much of the month, perfect for taking full advantage of pandemic-safe outdoor fun. It wasn’t just the temperatures that stayed high; the real estate market in Kitchener-Waterloo remained hot, ...
Continue ReadingThe stats are in for October’s real estate sales in Waterloo Region, and it was another record-setting month in our local market. October 2020 saw 691 residential home sales in the region through MLS, up 28% over the same period last year, and the most ever on record for the ...
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