Waterloo Region March Statistics
Monthly Indicators PDF
"Waterloo Region’s market is gaining momentum with significant sales growth and robust new listing activity. The Kitchener-Waterloo benchmark price experienced a modest month-over-month HPI gain, while the Cambridge benchmark price saw a slight decline. This reflects the continued stability of prices in the region over the past few months. Combined with more constrained inventory levels than in many other areas, working with a local REALTOR® who understands Waterloo region’s market nuances and can navigate the varied conditions effectively is paramount.” - Bill Duce, Cornerstone CEO
Waterloo Region Area Highlights:
• Waterloo Region home sales increased 39.4% month-over-month.
• The number of newly listed properties increased by 44.8% on a month-over-month basis.
• In Kitchener-Waterloo, the MLS® Home Price Index (HPI) increased by 0.5% month-over-month and declined 8.8% on a year-over-year basis. In Cambridge, the HPI decreased by 1.0% month-over-month and was down 7.7% on a year-over-year basis.
• The supply of inventory across the market decreased 11.6% on a year-over-year basis, resulting in a 2.9-month supply of all property types by the end of March, which was similar to levels reported in March 2025.
“The month of March also saw important announcements from the Federal and Ontario governments to remove the HST from most new homes, reduce development charges, and simplify the approvals process. These measures should
encourage buyers to consider the new home market and support long-term supply,” says Bill Duce, CEO of Cornerstone. “Removing these fees will help more buyers enter the market, but further solutions, such as a down payment assistance program or increasing the provincial land transfer tax rebate, are needed to get more first-time buyers into the market.”