Waterloo Has Record Home Sales

The real estate market in Waterloo Region, ON, saw home sales set a record for the fourth straight month. Statistics from the Kitchener-Waterloo Association of Realtors (KWAR) for October show 691 residential properties were sold through the Multiple Listing System, the most ever recorded for the month and a 28 per cent increase compared to October 2019. Detached homes were up 25.6 per cent from October 2019 to 417; 134 townhouses were sold, up 26.4 per cent from last year; condominium apartment sales rose 34 per cent to 94; and sales of semi-detached home rose 48.3 per cent as 46 were sold.