Kitchener Waterloo Market Snapshot April 2026
“The real estate market has gained positive momentum this spring, with steady month-over-month growth in sales and new listing activity since the start of the year, although at a more moderate pace than the same period in 2025,” said Bill Duce, CEO of Cornerstone. “It is encouraging that we are still early in the spring market. These April numbers are just the beginning, and May and June are typically among the strongest months of the year. The Bank of Canada’s decision last week to hold the policy rate was a welcome signal of stability, giving both buyers and sellers greater confidence to move forward with their real estate goals. For those who have been waiting on the sidelines, now is a great time to re-engage with the market.”
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Waterloo Region April Statistics
“Waterloo Region is showing encouraging signs of spring vitality, with sales up 14.0 per cent and new listings surging nearly 28.0 per cent month-over-month. The HPI increased by 0.1 per cent and 1.5 per cent month-over-month in Kitchener-Waterloo and Cambridge, respectively. Inventory levels across the region indicate a 3.6-month supply, which is consistent with the same time last year. However, this supply is higher than the historical average. Each area within Waterloo Region performed differently in April, highlighting the importance of partnering with a local REALTOR® who understands the distinct dynamics across the region.” – Bill Duce, Cornerstone CEO
- Waterloo Region home sales increased 14.0% month-over-month.
- The number of newly listed properties increased by 27.8% on a month-over-month basis.
- In Kitchener-Waterloo, the MLS® Home Price Index (HPI) increased by 0.1% month-over-month and declined 6.7% on a year-over-year basis. In Cambridge, the HPI increased by 1.5% month-over-month and was down 5.4% on a year-over-year basis.
- The supply of inventory across the market decreased 5.0% on a year-over-year basis, resulting in a 3.6-month supply of all property types by the end of April, which was similar to levels reported in April 2025.
Waterloo Region Housing Statistics
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