October 2023 Real Estate Market Update

We continued to see the housing market cool in November, with sales dropping nearly 15 percent compared to last year and prices adjusting in response. Although a seasonal slowdown is typical, reduced demand has pushed...

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,...

The September housing market continues to mirror the broader economic climate, with sales activity remaining below both last year’s levels and the ten-year average. While sales have moderated compared to 2023, this shift is contributing...

Even with softer overall market conditions, we’re encouraged to see a steady rise in new listings, giving buyers more choice and flexibility. Our local numbers suggest the market is gradually finding its balance, offering both...