It was this time last year that the Canadian real estate market went in the tank. So, over the next six months, we'll see some impressive year over year comparisons that may be a little skewed. The market is steady and good, but not busting at the seams. All reports show a good stable market for the foreseeable future. Here is the article from this week's
Waterloo Region RecordHere are the monthly statistics for September, 2009.
| K-W This Month | K-W Last Year | Cambridge This Month | Cambridge Last Year |
Avg. Sale Price | $ 258,579 | $264,259 | $251,054 | $251,193 |
Percentage Change | -2.1% | | -0.1% | |
Properties Sold | 579 | 412 | 220 | 162 |
New Listings/Sales Ratio | 75.4% | 50.4% | 60.3% | 33.6% |
Properties For Sale Now | 1819 | 2190 | 845 | 866 |