Waterloo region home prices inch upward for third straight month
The average price of a single-detached home in Waterloo region is creeping back up toward the $1 million mark after slumping to a two-year low in December.
The average single-family home sold for $964,130 in May, while the average condo went for $482,926. Across all property types, the average local home sale price was $821,828.
“The spring market is in full swing with robust buyer and listing activity observed in May,” Waterloo Region Association of Realtors president Megan Bell said in news release.
Bell noted there were 1,264 new listings in the region last month. That’s up from the 896 in April, but still down 32.6 per cent from May of last year and 11.8 per cent under the 10-year average for the same month.
Waterloo region is still a seller’s market, said Bell.
“With limited inventory and a relatively low number of new listings being added to the MLS system, buyers face intensified competition while sellers receive increasingly competitive offers,” Bell said.
Take a deeper dive into the numbers here.
Kitchener Top Stories
-
-
-
-
-
-
-
UPDATEDUPDATED SIU investigating fatal Guelph crash
-
CTVNews.ca Top Stories
Jewish group demands apology after MPs honoured man who fought for Nazis
Several Jewish advocacy organizations are condemning members of Parliament for giving a standing ovation to a man who fought for a Nazi unit during the Second World War.
It’s here! Rare asteroid sample lands on Earth after OSIRIS-REx drops cargo
Seven years after OSIRIS-REx was sent into space to retrieve a sample of an asteroid, the NASA-led spacecraft has delivered its cargo into Earth’s orbit, and Canada is set to receive a piece.
U.S. woman arrested after 55 dogs removed from animal rescue home, 5 dead puppies found in freezer
A Chandler woman who ran an animal rescue out of her now-condemned home has been arrested after dozens of abused dogs were discovered and five dead puppies found in a freezer, according to police.
A year after Fiona, a traumatized Newfoundland town backs away from the sea
One year after a wave driven by post-tropical storm Fiona slammed into the back of her house and twisted it like a corkscrew, some residents of Port aux Basques, N.L., are backing away from the sea.
Canadian autoworkers ratify deal with Ford Motor Company
Five days after reaching a tentative deal, Unifor members have voted to ratify a new three-year collective agreement with the Ford Motor Company.
'Milestone' OLG lottery jackpot to be drawn this week
A lucky lottery player will be the winner of a record-breaking multi-million dollar prize on Wednesday.
Hot rental market makes search 'stressful' for many -- and it won't get better soon
The competitive rental market across the country is seeing multiple factors combine: high interest rates deter buyers and add to rental demand, still-high inflation is squeezing renter budgets, there's an undersupply of purpose-built rental units and population growth is fuelling demand.
Man hospitalized in life-threatening condition after incident at Calgary pub holding eating contest
Calgary paramedics took a man to hospital in life-threatening condition on Saturday after an incident at the Ship and Anchor pub.
Passengers stuck upside down on Canada’s Wonderland ride
Passengers on a ride at Canada’s Wonderland were stuck upside down for almost 30 minutes on Saturday night.
London
-
Western University Homecoming comes and goes without major incidents
London, Ont. police are asking for time to put together the numbers, but it appears Western University’s Homecoming went off without any serious incidents on or off campus.
-
Missing 11-year-old girl found safe: London police
London police are asking the public for help in looking for an 11-year-old girl who was last seen in the city's Glen Cairn neighbourhood on Saturday night.
-
Canadian autoworkers ratify deal with Ford Motor Company
Five days after reaching a tentative deal, Unifor members have voted to ratify a new three-year collective agreement with the Ford Motor Company.
Windsor
-
Canadian autoworkers ratify deal with Ford Motor Company
Five days after reaching a tentative deal, Unifor members have voted to ratify a new three-year collective agreement with the Ford Motor Company.
-
Hundreds participate in walk for suicide awareness and prevention
Hundreds of people in Windsor, Ont. laced up their shoes and walked for a good cause on Sunday for the annual Suicide Awareness Walk.
-
'He meant a lot to me': Vigil held for man killed in Chatham, Ont. house fire
Loved ones are in mourning following the death of a Chatham man who lost his life in a house fire earlier this week.
Barrie
-
Memorial service honours fallen police officers days after RCMP officer slain in B.C.
Police officers from across the country gathered in Ottawa Sunday for a somber occasion. The last Sunday in September is the National Police and Peace Officers' Memorial Day, where those who died in the line of duty in the past year are remembered.
-
Crash kills one, injures multiple people in Clearview Township
Police in Clearview Township are investigating a crash that killed a woman and injured multiple people, including several children.
-
Orillia Museum opens first North American exhibit marking Anne Lister
"Decoding Anne Lister: History's First Modern Lesbian" is an exhibit that examines the life of Anne Lister, a highly intelligent woman born in England during the late 1700s.
Northern Ontario
-
Jewish group demands apology after MPs honoured man who fought for Nazis
Several Jewish advocacy organizations are condemning members of Parliament for giving a standing ovation to a man who fought for a Nazi unit during the Second World War.
-
First Nations in northern Ont. seek over $100B to honour treaty promise
A legal battle playing out in a northern Ontario courtroom this month has seen an alliance of First Nations argue they are owed upwards of $100 billion for the Crown's failure to honour a 173-year-old treaty promise, while the federal and provincial governments claim they are either owed far less, or nothing at all.
-
Sudbury police investigating another motorcycle crash
One person has been taken to hospital following the second motor vehicle crash in Sudbury involving a motorcycle in 24 hours.
Ottawa
-
Jewish group demands apology after MPs honoured man who fought for Nazis
Several Jewish advocacy organizations are condemning members of Parliament for giving a standing ovation to a man who fought for a Nazi unit during the Second World War.
-
Memorial service honours fallen police officers days after RCMP officer slain in B.C.
Police officers from across the country gathered in Ottawa Sunday for a somber occasion. The last Sunday in September is the National Police and Peace Officers' Memorial Day, where those who died in the line of duty in the past year are remembered.
-
Pilot and passenger walk away from emergency crash landing at Ottawa Airport
Ottawa paramedics say no one was hurt after a small plane made an emergency landing at the Ottawa Airport on Saturday.
Toronto
-
Passengers stuck upside down on Canada’s Wonderland ride
Passengers on a ride at Canada’s Wonderland were stuck upside down for almost 30 minutes on Saturday night.
-
'Milestone' OLG lottery jackpot to be drawn this week
A lucky lottery player will be the winner of a record-breaking multi-million dollar prize on Wednesday.
-
Toronto man arrested for storing and sharing child pornography
A Toronto man has been arrested following allegations of accessing, storing and sharing child sexual assault material (CSAM).
Montreal
-
Montreal Marathon: Two runners suffer cardiac arrest at finish line
Two participants in Sunday's half-marathon in Montreal suffered cardiorespiratory arrest at the finish line, event organizers confirmed.
-
1 dead, 2 injured after partial building collapse in Montreal
One is dead and two injured after a building partially collapsed in Montreal on Saturday. A man's body was discovered in the rubble hours after the initial event.
-
'Our people are ready': General strike possible in Quebec health, education, social services
Thousands of public-sector workers carried turquoise flags Saturday afternoon through downtown Montreal. The workers, representing a collaboration of several unions, say they’re ready to launch general strike unless the Quebec government can give them a “respectable” offer.
Atlantic
-
RCMP investigate fatal crash in Plympton, N.S.
Digby RCMP are investigating a single-vehicle crash that took the life of one person in Plympton, N.S.
-
A year after Fiona, a traumatized Newfoundland town backs away from the sea
One year after a wave driven by post-tropical storm Fiona slammed into the back of her house and twisted it like a corkscrew, some residents of Port aux Basques, N.L., are backing away from the sea.
-
Freedom of the City ceremony in Halifax celebrates centennial anniversary of the Naval Reserve
More than a 100 members from HMCS Scotian marched through the streets of downtown Halifax to commemorate the centennial anniversary of the Naval Reserve in Canada.
Winnipeg
-
Advance voting begins in Manitoba's provincial election
Anyone eager to vote in Manitoba's 43rd provincial election can now do so as advance polling stations open across the province Saturday morning.
-
-
IN PICTURES: Nuit Blanche in the Exchange
Hundreds gathered in downtown Winnipeg Saturday evening for Nuit Blanche, a night of art, exploration, and culture taking place throughout the city's historic Exchange District.
Calgary
-
Man hospitalized in life-threatening condition after incident at Calgary pub holding eating contest
Calgary paramedics took a man to hospital in life-threatening condition on Saturday after an incident at the Ship and Anchor pub.
-
Shelter in place warning issued in Champion, Alta., over wanted man
RCMP are asking residents living in the southern Alberta hamlet of Champion to shelter in place as they attempt to take a wanted man into custody.
-
Hot rental market makes search 'stressful' for many -- and it won't get better soon
The competitive rental market across the country is seeing multiple factors combine: high interest rates deter buyers and add to rental demand, still-high inflation is squeezing renter budgets, there's an undersupply of purpose-built rental units and population growth is fuelling demand.
Edmonton
-
16-year-old dead, 1 other injured in crash on Highway 16
A 16-year-old boy is dead after a crash on Highway 16 Saturday afternoon.
-
Man dies in Fort McMurray following reports of shots fired
Alberta RCMP are investigating the death of a man in Fort McMurray after a shooting was reported in the neighbourhood of Thickwood on Sunday.
-
Police say 11-year-old girl was sexually assaulted Sept. 19 in southeast Edmonton
Edmonton police are looking for a suspect in the reported sexual assault of an 11-year-old girl in southeast Edmonton this week.
Vancouver
-
One dead after shooting in Richmond: RCMP
Homicide investigators were called to Richmond after a shooting early Sunday morning.
-
'Possible child luring' under investigation in Summerland, B.C.
Mounties in the Okanagan say they're investigating a "possible child luring incident" that occurred on Wednesday.
-
Murder charge laid in killing of B.C. Mountie
The day after an RCMP officer was killed and two others were injured while executing a search warrant in Coquitlam, B.C., charges of murder and attempted murder have been laid.
