Homes pile onto the market in Waterloo Region in April, realtors say

They say that 1,443 homes were listed in April, which is 65.3 per cent above a quiet 2023 and 15.5 per cent over the previous 10-year-average.

Despite the increase in options for buyers, WRAR says the price of buying a home in the area remained relatively stable as on average a home sold for $800,087, which is just a 0.3 per cent increase year-over-year and a 0.7 per cent decrease from March.For those looking for a fully detached home, the average cost came in at $938,478, which is up 1.4 per cent year-over-year but down 1.8 per cent from March.

With all of the houses hitting the market, it should come as no surprise that there was plenty of inventory at the end of April.

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