Updated on: July 5, 2024
Here are some points to highlight in this month’s report:
* Now it is the best time to buy a home: there is a high inventory of homes for sale (over 1700 listings in the Region of Waterloo), and the 5-year-mortgage rates are lower.
* For moving up or buying your first home, this is the time to do it before prices start to go up again, as it is expected in the near future.
Have a great month!
Stay tuned for the next update in August.
Feel free to contact us if you have any questions.
(*) Stats source: Waterloo Region Association of REALTORS®