September sales were still strong with the average selling price increasing to nearly $800,000! Single detached houses are creeping even closer to the $1,000,000 mark with no indications of slowing down either. It is definitely a challenge to secure a single detached house for under $725,000 in our current market place…great for Sellers however hard for Buyers.
December 2024 Real Estate Market Stats and Optimism for 2025!
Supply conditions in the Waterloo region have improved over the past year, and with the potential for further policy rate cuts from the Bank of Canada in the coming year, there’s additional optimism for buyers...