-Waterloo and Windsor-Essex are reporting increased sales.
MLS sales in Kitchener-Waterloo were 11.4 per cent higher in April this year compared to a year earlier with 539 properties sold. That’s 7.8 per cent above the five-year average for the month.
“The spring market is definitely in full swing here in Waterloo Region
,” says Mark Wolle, president of the Kitchener-Waterloo Association of Realtors
“We’re seeing sales activity that is fairly steady and consistent comparing to five-year trends, which speaks to the stability of the market here in Kitchener
The average sale price of $346,702 is a 4.6 per cent increase from a year earlier.
Meanwhile, in Windsor
-Essex sales in April were up 25.7 per cent on the previous year, according to agents.
There were 582 sales at an average sale price of $199,586 with buyer sentiment boosted by a strong jobs market, including investment in the Chrysler factory in Windsor
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