How’s the Kitchener-Waterloo real estate market?
Competitive
In this instalment of “How’s the market?” we witness the competitive spring market arriving late. Buyer’s have not postponed or delayed their searches as they’ve headed out of town for the summer. They are here and out shopping in droves, especially at the entry level of the market.
In the “move up” market, there are lots of listing and sales are strong, but here buyers have a little more room for conditional offers, so it’s not as competitive.
Will we next go through the traditional summer slow down that usually happens between the middle of July till the middle of August? It does not seem so.
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