The Waterloo Region real estate market is showing strong signs of stabilization, with more inventory, steady prices, and growing buyer activity. Here’s a quick breakdown of what’s happening right now — and what it could mean for you.

Market Snapshot

- Buyer’s Market Still in Play

• Sales-to-new-listings ratio (SNLR) in April 2025: 43%
• Up from 39% in March, but still below 50%, favouring buyers.

- Inventory Surge

• Active listings are up nearly 50% year-over-year, offering more choice and negotiating power for buyers. 

- Price Trends

- Steady Home Prices Across the Region

•  Average Sale Price – Kitchener-Waterloo (April 2025): $789,639
•  Cambridge: $756,484
•  Minimal year-over-year changes reflect market balance.

- Buyer Insights

Who’s Buying Right Now?

- First-Time Buyers

• Focus: Townhomes + Detached homes ($600K–$700K)
• Benefiting from 30-year amortizations & lower rates

- Move-Up Buyers

• Seeking larger detached homes in the $800K–$950K range

- Retirees

• Downsizing to condos/apartments priced around $600K–$700K

- Development & Sustainability

What Builders Are Focused On:

• Small detached homes
• Stacked and traditional townhomes
• Energy-efficient, eco-conscious construction is a growing trend

What's next?

Looking Ahead to Summer 2025

• Market expected to stabilize further
• Interest rates remain attractive for buyers
• Expecting an uptick in activity heading into summer

- Get in Touch

Thinking of Buying or Selling?
Let’s talk about your goals and how today’s market can work in your favour.

- Call us at 519-579-4110.