Home Sales

-2.9%
662
DOWN
YEAR/YEAR
Average Price

-6.4%
$729,650
DOWN
YEAR/YEAR
New Listings

-7.6%
1,407
DOWN
YEAR/YEAR
Months Supply

-2.4%
4.1
DOWN
YEAR/YEAR
Days on Market

0.0%
27
Unchanged
YEAR/YEAR
“While sales activity in Waterloo Region picked up in June compared with the previous month, year-over-year figures show a 2.9 per cent dip, marking the slowest June on record, just nine sales short of June 2024. Both Kitchener and Waterloo posted double-digit declines; meanwhile, Cambridge boasted a 15.2 per cent increase in sales year-over-year,” said Bill Duce, CEO of Cornerstone. “The number of new listings added to the market remains lower than last year, reducing months of supply in all areas except Kitchener. Waterloo Region continues to have the tightest market conditions compared with our other regions, highlighting why using a local REALTOR® is beneficial for both buyers and sellers as they navigate the local market.”
Waterloo Region Market Quick Glance
Home Sales

-2.9%
662
DOWN
YEAR/YEAR
Average Price

-6.4%
$729,650
DOWN
YEAR/YEAR
New Listings

-7.6%
1,407
DOWN
YEAR/YEAR
Months Supply

-2.4%
4.1
DOWN
YEAR/YEAR
Days on Market

0.0%
27
Unchanged
YEAR/YEAR
*as of June 2, 2026
Current Month – Average Sales Price – By Major Market
Current Month – Sales - by Major Market
Rolling 12 Months – Average Sales Price – By Township
Current Month – Sales – by Township
City of Cambridge Market Quick Glance
Home Sales

+15.2%
174
UP
YEAR/YEAR
Average Price

-6.8%
$710,519
DOWN
YEAR/YEAR
New Listings

-12.6%
318
DOWN
YEAR/YEAR
Months Supply

-2.7%
3.6
DOWN
YEAR/YEAR
Days on Market

+7.7%
28
UP
YEAR/YEAR
*as of June 2, 2026
City of Waterloo Market Quick Glance
Home Sales

-2.9%
662
DOWN
YEAR/YEAR
Average Price

-6.4%
$729,650
DOWN
YEAR/YEAR
New Listings

-7.6%
1,407
DOWN
YEAR/YEAR
Months Supply

-2.4%
4.1
DOWN
YEAR/YEAR
Days on Market

0.0%
27
Unchanged
YEAR/YEAR
*as of June 2, 2026
City of Kitchener Market Quick Glance
Home Sales

-12.2%
281
DOWN
YEAR/YEAR
Average Price

-10.6%
$670,127
DOWN
YEAR/YEAR
New Listings

-3.8%
681
DOWN
YEAR/YEAR
Months Supply

+2.3%
4.4
UP
YEAR/YEAR
Days on Market

0.0%
26
Unchanged
YEAR/YEAR
*as of June 2 2026
Links to Waterloo Region Monthly Indicators will be posted on the 5th of each month.
The statistics provided are based on information from the ITSO MLS® System of which Cornerstone is a proud founding member. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends. Cornerstone cautions that these statistics can help identify long-term trends but should not indicate that specific properties have increased or decreased in value. Those requiring specific information on property values should contact a REALTOR®. REALTORS® have their fingers on the pulse of the market and have access to more comprehensive tools and analytics. They know the questions to ask, the areas to probe and what to look for to get a complete picture of the property and community you're considering.