June Housing Stats Point to More Balanced Market in Waterloo Region By WRARJuly 4, 2025Market Stats As part of Cornerstone’s ongoing systems harmonizations, we are currently upgrading the data feed from Matrix to MarketStats. During this period, the usual InfoSparks graphs will be omitted from the June statistics, but we anticipate their return next month. WATERLOO […]
Category Archives: Market Updates
Waiting in the wings: Renters continue to eye path to home ownership, watching for deeper drops in interest rates and home price declines More than 1 in 4 renters in Canada say they considered buying a property prior to signing their current lease Highlights: TORONTO, June 19, 2025 – As interest rates decline and the supply […]
Waterloo Region Home Sales Cool in March as Inventory Reaches Nine-Year High By WRARApril 2, 2025Market Stats The statistics provided in this release are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they […]
‘Pervasive uncertainty’ caused by trade war prompts Bank of Canada to drop overnight lending rate to 2.75% The 25 basis point cut marks the seventh consecutive time Canada’s central bank has dropped rates March 12, 2025 5 min. read On March 12th, the Bank of Canada announced that it had lowered the target for the […]
New Listings Rise, While Home Sales Decline in Waterloo Region By WRARMarch 5, 2025Market Stats The statistics provided in this release are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate […]
Ontario’s housing crisis is a key issue for more a majority of voters in the 2025 provincial election Housing ranks as the #1 election issue among generation Z and millennials February 25, 2025 8 min. read Ontario voters are heading back to the polls this week, and once again housing affordability is front and centre. […]
More than half of Canadians renewing a mortgage this year expect their monthly payment to increase: Royal LePage® Survey 1 in 10 are considering downsizing, relocating to a more affordable region or renting out a portion of their home to combat higher borrowing costs Highlights: TORONTO, February 20, 2025 – Approximately 1.2 million mortgages will renew […]
Bank of Canada makes sixth consecutive cut, lowering key lending rate to 3.0% In its first announcement of 2025, Canada’s central bank lowered the overnight rate by 25 basis points January 29, 2025 6 min. read On January 29th, its first scheduled announcement of 2025, the Bank of Canada announced that it had lowered the […]
Waterloo Region Housing Market Starts 2025 with Higher Inventory, Softer Sales By WRARFebruary 5, 2025Market Stats WATERLOO REGION, ON (February 5, 2025) —In January, a total of 329 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 12.0 per cent decrease compared […]
Rates, regulations and renewed demand: Driving revival of Canada’s real estate market despite economic and political uncertainty National housing market activity gained momentum in final quarter of 2024, resulting in moderate price gains Fourth-quarter highlights: TORONTO, January 14, 2025 – According to the Royal LePage® House Price Survey released today, the aggregate[1] price of a home in Canada […]
Alasdair Douglas 