The Riz Team Blog

FEBRUARY HOME SALES RELEASE

In February, the 377  residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), were an increase of 40 per cent compared to last month and a decrease of 20.5 per cent compared to home sales a year ago.

“When we consider market activity we have to acknowledge that sales from the previous year or two were an anomaly”, says Tony Schmidt, KWAR President. “If you compare last February against the ten year average of sales, it was a pretty typical February”.

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This entry was posted on Monday, March 5th, 2018 at 10:48 am and is filed under Market Stats, Market Update. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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