Although October home sales in Waterloo Region remain below historical averages, activity has picked up compared to September. With more listings available than usual for this time of year and borrowing costs beginning to ease, buyers can explore a wider range of options. The Bank of Canada’s recent 0.25% rate cut, and its signal that rates may hold steady, could give home buyers the confidence to get preapproved for a mortgage. With a healthy number of homes on the market in Waterloo Region, now is a great time to connect with your Realtor® to find the right home for you.
If you have any questions or just want to chat about what’s happening in the market, feel free to reach out, I’d be happy to talk!
