July 2026 Market Update
The summer market is typically a little quieter, and July followed that seasonal trend, with sales activity remaining well below what we’ve seen in most recent years.
Home prices also continued to adjust, with the MLS® Home Price Index showing modest changes from June and year-over-year declines across all market areas. At the same time, new listings and overall inventory have decreased compared to last year in most areas.
What’s important to remember is that there really isn’t one single “market.” Activity, inventory and pricing can look very different from one city to the next, and even from one neighbourhood to another.
For buyers, there may be opportunities with less competition and more choice. For sellers, understanding what is happening specifically in your neighbourhood, and positioning your home accordingly, is more important than ever.
If you’re curious about what the numbers look like in your neighbourhood, I’m always happy to provide a more localized market update.
#WaterlooRegionRealEstate #KWRealEstate #KitchenerRealEstate #WaterlooRealEstate #CambridgeRealEstate #WaterlooRegion #KitchenerWaterloo #KWRealtor #WaterlooRealtor #RealEstateMarketUpdate #JulyMarketUpdate #HousingMarket #OntarioRealEstate #LocalRealEstate #HomePrices #RealEstateTrends #BuyersMarket #HomeBuyers #HomeSellers #YourLocalRealtor
