Home prices dip slightly in Waterloo Region again: realtors
This represents welcome news to buyers who saw average sales prices reach as high as $1,007,109 back in February.
“However, we see signs that the market is moving towards more buyer-friendly conditions. Realtors are reporting fewer multiple offers resulting in final sale prices being closer to the asking price or with more conditions accompanying offers.”She said that there remains a lack of inventory in the area which is keeping prices higher.That said, at the end of August, there were more than 1,000 active listings in the area, which is an increase of 188.2 per cent over the previous August but 31.
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