Housing Market Outlook for Kitchener Waterloo.
Growth predicted to slow in the second half of 2022
Kitchener-Waterloo Real Estate Market Report
633 residential homes sold in April 2022. This is a decrease of 25.0% compared to April 2021. On a month-over-month basis, sales in April were down 13.4% compared to March 2022. The previous ten-year average number of residential sales for April is 608 (650 if not including April 2020 when home sales came to a short-term pause due to the beginning of the Covid-19 pandemic).
Home prices are now forecasted to rise by 15 per cent this year
Can this be right?
Hows the Kitchener-Waterloo real estate market?
No longer white hot. Trending very well for buyers!
