Brigitte Cummings, Re/Max

08/07/2026

Waterloo Region July 2026 Statistics

“Sales activity in Waterloo Region was sluggish in July, down 12.2% month-over-month and 10.0% compared to the same period last year. New listings also pulled back significantly, down 14.3% on a year-over-year basis; however, they were in line with the previous ten-year average for the month,” said Bill Duce, CEO of Cornerstone. “At 3.9 months, Waterloo Region had the lowest months of supply across our market areas, but inventory remained well above the 10-year July average of 1.92 months. This means buyers had more choice than is typical for this time of year, even as new listings moderated. The MLS® Home Price declined moderately across the region, as well as the average sale price, which was down 3.8% year-over-year. Whether you’re buying or selling, Waterloo Region has distinct communities that each tell their own story, and partnering with a local REALTOR® is an important first step to help you make an informed decision.”  

Full story: https://cornerstone.inc/waterloo-region-housing-stats/

07/19/2026

This gorgeous property must be seen to be fully appreciated! Drop in today,Sun July 19th, 2pm-4pm to view your next home!

107 Upper Mercer Street Kitchener.

🏡☀️

07/19/2026

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease gradually from its recent spike. There are still important risks and uncertainties related to the war in the Middle East and US trade policy.

Since the April Monetary Policy Report (MPR), global economic prospects have been dented by higher oil prices stemming from the Middle East conflict. At the same time, the build-out of artificial intelligence (AI) is supporting economic activity in a growing number of countries. Oil prices are still lower than their peak in April but the situation in the Middle East remains volatile. The path for global inflation is highly dependent on how the conflict unfolds.

See full story at bankofcanada.ca

07/08/2026

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 Area Highlights:  

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.  

For full story go to cornerstone.inc/waterloo- region-housing-stats

06/14/2026

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
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Canadian financial conditions have loosened since the April Monetary Policy Report. Global equity markets have been buoyant and bond yields remain volatile. The Canadian dollar has weakened against the US dollar and other currencies.

In Canada, GDP edged down by 0.1% in the first quarter, weaker than expected at the time of the April MPR. Consumer spending grew 1.4% but government spending unexpectedly declined. Housing activity also declined and business investment remained weak. Exports fell while imports rose strongly as inventories were rebuilt. Employment was up in May, but looking through monthly volatility, employment in Canada is little changed since the start of the year. The unemployment rate continues to fluctuate in the 6 ½%-7% range with the most recent reading at 6.6% in May.

Recent data suggests that growth will resume in the second quarter but, even with some rebound, the economy is expected to remain in excess supply.  

For full article see bankofcanada.ca

06/14/2026

06/13/2026

Coming Soon:

Forest Sanctuary ✨

🌲 Backs onto a beautiful forest
🛏️ 3 Bedrooms | 🛁 3 Bathrooms
🏡 Fully finished basement
📍 Steps from scenic river trails
🚗Easy access to Guelph, Cambridge, 401

Contact for early details!

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