Kitchener-Waterloo Real Estate Update

Kitchener Waterloo 7 day real estate market trends

4-week and 6-week rolling averages and 10-week and yearly averages too.

Canada’s housing market unlikely to cool as new home buyers opt for variable loans

A recent move by major Canadian banks to increase fixed mortgage rates on the back of surging bond yields is unlikely to slow the country’s red hot housing market, as more than half of new borrowers take out variable-rate loans that are the cheapest they’ve ever been.

How’s the Kitchener Waterloo Real Estate Market?

October 13, 2021 A look at how we got here and where we are going

Kitchener-Waterloo Real Estate Market Report

In September, the average sale price for all residential properties in the Kitchener-Waterloo area was $792,599. This is a 24.2% increase over September 2020 and a 5.7% increase compared to August 2021. The average price of a detached home was $963,646. This is a 24.9% increase from September 2020 and an increase of 7.9% compared to August 2021.

What Will Happen With Home Price Appreciation in 2022?

Price appreciation is expected to slow in 2022 when compared to the record highs of 2021. Expect a 5% appreciation level next year.

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