Kitchener Waterloo Market Snapshot June 2026
“While sales activity in Waterloo Region picked up in June compared with the previous month, year-over-year figures show a 2.9 per cent dip, marking the slowest June on record, just nine sales short of June 2024. Both Kitchener and Waterloo posted double-digit declines; meanwhile, Cambridge boasted a 15.2 per cent increase in sales year-over-year,” said Bill Duce, CEO of Cornerstone. “The number of new listings added to the market remains lower than last year, reducing months of supply in all areas except Kitchener. Waterloo Region continues to have the tightest market conditions compared with our other regions, highlighting why using a local REALTOR® is beneficial for both buyers and sellers as they navigate the local market.”
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Waterloo Region June 2026 Statistics
“While sales activity in Waterloo Region picked up in June compared with the previous month, year-over-year figures show a 2.9 per cent dip, marking the slowest June on record, just nine sales short of June 2024. Both Kitchener and Waterloo posted double-digit declines; meanwhile, Cambridge boasted a 15.2 per cent increase in sales year-over-year,” said Bill Duce, CEO of Cornerstone. “The number of new listings added to the market remains lower than last year, reducing months of supply in all areas except Kitchener. Waterloo Region continues to have the tightest market conditions compared with our other regions, highlighting why using a local REALTOR® is beneficial for both buyers and sellers as they navigate the local market.”
- Waterloo Region home sales increased 4.3% month-over-month.
- The number of newly listed properties decreased by 4.0% on a month-over-month basis.
- In Kitchener-Waterloo, the MLS® Home Price Index (HPI) was $642,000 in May 2026, a decrease of 1.1% month-over-month and a 5.5 % decline on a year-over-year basis. In Cambridge, the HPI was $671,000, which was a 0.8% decrease month-over-month and a drop of 6.6% on a year-over-year basis.
- The supply of inventory across the market increased 1.2% on a year-over-year basis, and there was a 4.1-month supply of all property types by the end of June, which was 2.4% lower than in June 2025.
Waterloo Region Housing Statistics
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