Waterloo Region Housing Statistics
Waterloo Region January Statistics
"Despite the monthly decrease in sales volume, Waterloo Region is showing encouraging signs with modest monthly price growth in both Kitchener-Waterloo and Cambridge. The doubling of new listings from December to January demonstrates renewed seller confidence, especially considering January's challenging weather conditions that included significant snowstorms and periods of extreme cold that prompted weather warnings across the region.” - Bill Duce, Cornerstone CEO
Waterloo Region Area Highlights:
- Waterloo Region home sales decreased 13.9% month-over-month.
- The number of newly listed properties increased 100.3% on a month-over-month basis.
- In Kitchener-Waterloo the MLS® Home Price Index (HPI) increased 1.0% month-over-month and was down 9.3% on a year-over-year basis. In Cambridge the HPI increased 0.3% month-over-month and was down 8.7% on a year-over-year basis.
- The supply of inventory across the market increased 13.6 percent on a year-over-year basis, resulting in a 2.5-month supply of all property types by the end January
Average Sales Price By Region
Monthly Indicators
Links to Waterloo Region Monthly Indicators will be posted on the 5th of each month.
Waterloo-Region Historic Statistical Releases
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.