Housing prices continue to hold steady in the Kitchener-Waterloo market although they remain dramatically higher than a year ago, according to numbers released by the Kitchener-Waterloo Association of Realtors (KWAR).
The realtors’ group says that the average sales price of a home in the area was to $637,691 in September, about 17.5 per cent higher than it was in September 2019.
Read more: Home prices remain at lofty heights in Kitchener-Waterloo in August
While that is still a massive change it is about on par with sales prices in August ($634,409) and July ($639,814.)
While the average cost of a home appears to be stable for now, the cost of a detached home jumped last month to $768,762, an increase of 25 per cent over