Real estate prices remain high in Kitchener-Waterloo, realtors say

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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).

a sign in front of a building: A real estate sign is pictured in Vancouver.

© THE CANADIAN PRESS Jonathan Hayward
A real estate sign is pictured in Vancouver.

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

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