AUGUST HOME SALES SET ANOTHER RECORD

There were 686 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in August, the most ever recorded for the month. August’s home sales represented an increase of 48 per cent compared to the same month last year, and a decrease of 8 per cent compared to the previous month. The previous ten-year average number of residential sales for August is 470.

JUNE HOME SALES SPRING BACK AND PRICES CLIMB. 
RESIDENTIAL AVERAGE
TOPS $600K FOR
FIRST TIME 

The number of homes sold in June shot up 57.6 per cent compared to May. There were 673 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in June 2020, an increase of 2.1 per cent compared to June 2019, and an increase of 8.5 per cent compared to the previous 10-year average for June. 

COMPETITIVE MARKET LEADS TO HUGE PRICE GAINS IN JULY

There were 734 residential homes sold through the Multiple Listing System (MLS® System)  of the Kitchener-Waterloo Association of REALTORS® in July, an increase of 25.7 per cent compared to the same month last year, and well above the previous ten-year average for July of 531.

HOME SALES CLIMB IN MAY COMPARED TO RECORD-LOW APRIL, AVERAGE SALE PRICES SHOW STRENGTH

There were 419 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in May 2020, a decrease of 40.5 per cent compared to May 2019, and an 80 per cent increase compared to April 2020 when sales contracted sharply due to COVID-19.

APRIL HOME SALES IMPACTED BY COVID-19 PANDEMIC, HOME PRICES REMAIN STRONG

There were 227 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in April, a decrease of 63.6 per cent compared to the same month last year, and the lowest number of sales in a single month since December 2008.

HOME SALES IN MARCH CAME IN LIKE A LION WENT OUT LIKE A LAMB

There were 577 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in March, an increase of 13.1 per cent compared to the same month last year, and 0.2 per cent below the previous 5-year average.

STRONG HOME SALES IN FEBRUARY

There were 467 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in February, an increase of 36.5 per cent compared to the same month last year, and 15.3 per cent above the previous 10-year average.

Fewer Home Sales in January as the Number of Homes for Sale Continues to Elude Buyers in Kitchener – Waterloo

There were 281 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in January, a decrease of 8.2 per cent compared to the same month last year, but only 3.6 per cent below the previous 10-year average, and 3.8 per cent below the previous 5-year average

Sales Dip in December, While Prices Continue to Escalate

There were 5,925 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2019, an increase of 1.6 per cent compared to 2018. Contrasted to past years, 2019’s annual sales were 2.3 per cent below the previous 5-year average, and 3 per cent above the previous 10-year average. 

Sales Dip in December, While Prices Continue to Escalate

There were 5,925 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2019, an increase of 1.6 per cent compared to 2018. Contrasted to past years, 2019’s annual sales were 2.3 per cent below the previous 5-year average, and 3 per cent above the previous 10-year average. 

Strong home sales continue in October in face of low inventory

538 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in October, an increase of 4.1 per cent compared to the same month last year.  

August Home Sales Ease as Prices Continue to Rise Along with Demand

459 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in August, a decrease of 9.1 per cent compared to the same month last year.

Strong Home Sales in July

586 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in July, representing an increase of 15.1 percent compared to the same month last year.

Strong Home Sales in June

658 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in June, representing an increase of 8.8 per cent compared to the same month last year.

Home Sales Show Momentum in May

The number of home sales through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in May were on par with the same month last year. There were 694 residential sales last month, an increase of 11 percent compared to April, and an increase of 7.2 percent compared to the previous ten-year average for May.

April Home Sales Up Over Last Year

There were 623 residential sales in April through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), an increase of 1.1 per cent versus the same month last year, and up 2.2 per cent compared to the previous ten-year average for April.  

Number of Home Sales Slide in March

There were 511 residential sales in March through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decrease of 5.7 per cent versus the same month last year, and down 7 per cent compared to the previous ten-year average for March.

FRIGID FEBRUARY

There were 343 residential sales in February through the Multiple Listing System (MLS® System) of the Kitchener - Waterloo Association of REALTORS® (KWAR), a decrease of 8.3 percent compared to February 2018.

FEBRUARY HOME SALES RELEASE

In February, the 377  residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), were an increase of 40 per cent compared to last month and a decrease of 20.5 per cent compared to home sales a year ago.

JANUARY HOME SALES SNOWED UNDER BY LOW INVENTORY

There were 270 residential sales in January through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), a decrease of 18 per cent compared to January 2017.

2017 - A RECORD BREAKING YEAR IN REVIEW

2017 came with skyrocketing prices, high consumer demand and a total residential sale volume of over 3 billion CDN in Kitchener-Waterloo alone. Between competitive prices, tons of buyers from within KW and many buyers flocking to the region from the GTA, 2017 was certainly a seller's market in the world of Real Estate.

The year ended on a strong note with over 300 home sales in December; a whopping 13% higher than the previous five-year average. With new mortgage stress test kicking in in January, December buyers felt pressured to purchase a home before the deadline.

NORMAL NOVEMBER FOR HOME SALES

Although home sales this past month were down by 20% compared to the record breaking numbers seen in November 2016, this year’s numbers are on par with the previous 5-year November average of 424 home sales.

RESIDENTIAL SALES STEADY IN OCTOBER

With sale numbers being nearly on-par with last year’s record breaking numbers, buyer’s demand continues to surpass the supply of homes on the market.

SOLID HOME SALES IN SEPTEMBER!

High demand and lower supply made for a steady market this September. With prices up and overall sales down, the seller's market seems to be going strong.

STEADY HOME SALES IN AUGUST

August home sales seem to be trending towards a more stable market with a slow in sales volume and a more balanced average sale.

TRENDING TO A BALANCED MARKET!

After many months of incredible sales, it appears the typical summer slowdown has taken effect in the Waterloo Region. It was still an above average month, and while the market was favouring the sellers, the new trends are shifting towards a more balanced market.