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Kitchener-Waterloo housing prices drop slightly in July, but demand still strong

Kitchener-Waterloo housing prices drop slightly in July, but demand still strong
kitchener.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitchener.ctvnews.ca Daily Mail and Mail on Sunday newspapers.

The average price of a detached home in Kitchener-Waterloo is now more than $919K

The average price of a detached home in Kitchener-Waterloo is now more than $919K
kitchener.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitchener.ctvnews.ca Daily Mail and Mail on Sunday newspapers.

Home sales in Kitchener-Waterloo last month doubled over May 2020

Nearly 850 homes sold in Kitchener-Waterloo last month: KWAR

  KITCHENER The Kitchener-Waterloo Association of Realtors said there were 843 residential homes sold in the area last month. Home sales in April 2021 increased by 263.4 per cent over April 2020. “Even if we do not take into account April 2020, when Ontario was in the early days of its state of emergency, it was still an exceptional number of homes sold last month,” Nicole Pohl, President of KWAR, said in a news release. “The previous 10-year average number of residential sales for April was 618.” Sales break down into 484 detached homes, 111 condos, 67 semi-detached homes and 181 townhouses. The average price for all homes was $757,906. Detached homes had an average price of $899,315 in the Kitchener-Waterloo area in April.

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