The truth about Kitchener-Waterloo Real Estate

Let’s talk Kitchener-Waterloo real estate for a second.

If you’re curious about Kitchener-Waterloo, part of the invention of the internet, and the computer took place here.

The market has been fluctuating a little bit.

When we look at the data, what we’ll find is that there was a total of 561 residential homes sold through the Multiple Listing Service

Here’s the list of Residential Market Activity for 2023.

Detached 136
Semis 15
Townhomes 70
Condos 35

Why are there many more detached home sales than townhouse, condo unit sales, and semi-detached sales combined?

There are simply transactions happening without a cohesive society truly functioning.

(Who are these transactions happening among?)
(Kitchener-Waterloo is known for its history of German settlers, so perhaps an all-white crowd.)

A possible solution? For minority groups to rise, form groups and invest in real estate together.

Once again, There are simply transactions happening without a cohesive society truly functioning.