"Home sales in Waterloo Region declined by 14.5 per cent year-over-year in October while new listings fell 17.3 per cent over the same period" said Bill Duce, CEO of Cornerstone. "Despite the slowdown, Waterloo Region continued to have the tightest supply across Cornerstone's major market areas, with 3.7 months of supply. Benchmark prices also declined in both Kitchener-Waterloo and Cambridge, although market conditions varied across the region. These differences highlight the value of working with a local REALTOR® who understands neighbourhood-level trends and can help buyers and sellers make informed decisions."
Waterloo Region Area Highlights:
- Waterloo Region home sales decreased 14.5% year-over-year with 489 sales recorded in October 2026.
- The number of new listed properties decreased 17.3% year-over-year, with 1,025 new listings recorded.
- In Kitchener-Waterloo, the MLS® Home Price Index (HPI) was $624,600 in October 2026, down 4.7% year-over-year. In Cambridge, the benchmark price was $644,400, down 6.3% year-over-year.
- There was a 3.7 month supply of all property types by the end of October, representing a 5.1% decrease compared with October 2025.