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April's Market Signals Shifting Dynamics in Waterloo Region Real Estate

In April, a total of 595 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 14.1 per cent decrease compared to the same period last year and a decline of 26.7 per cent compared to the average number of homes sold in the previous ten years for the same month. 



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April's Market Signals Shifting Dynamics in Waterloo Region Real Estate

https://wrar.ca/aprils-market-signals-shifting-dynamics-in-waterloo-region-real-estate

In April, a total of 595 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 14.1 per cent decrease compared to the same period last year and a decline of 26.7 per cent compared to the average number of homes sold in the previous ten years for the same month. 



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https://wrar.ca/aprils-market-signals-shifting-dynamics-in-waterloo-region-real-estate

April's Market Signals Shifting Dynamics in Waterloo Region Real Estate

In April, a total of 595 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 14.1 per cent decrease compared to the same period last year and a decline of 26.7 per cent compared to the average number of homes sold in the previous ten years for the same month. 

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      In April, a total of 595 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 14.1 per cent decrease compared to the same period last year and a decline of 26.7 per cent compared to the average number of homes sold in the previous ten years for the same month. 
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      April's Market Signals Shifting Dynamics in Waterloo Region Real Estate
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      "Home sales in April showed typical seasonal improvement over March, but remained notably below the ten-year average," says Christal Moura, spokesperson for the Waterloo Region market. "What we're seeing is a clear market rebalancing, with inventory levels up 75% above the ten-year average and nearly four months of supply across all property types. This shift is creating more opportunities for buyers who now have more time for due diligence and negotiations, while sellers are adapting to a market that demands strategic pricing and patience. Waterloo Region's strong economic fundamentals continue to support overall market stability, even as we move away from the intense seller's market of recent years."
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      April's Market Signals Shifting Dynamics in Waterloo Region Real Estate
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      "Home sales in April showed typical seasonal improvement over March, but remained notably below the ten-year average," says Christal Moura, spokesperson for the Waterloo Region market. "What we're seeing is a clear market rebalancing, with inventory levels up 75% above the ten-year average and nearly four months of supply across all property types. This shift is creating more opportunities for buyers who now have more time for due diligence and negotiations, while sellers are adapting to a market that demands strategic pricing and patience. Waterloo Region's strong economic fundamentals continue to support overall market stability, even as we move away from the intense seller's market of recent years."
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