elitere | Nov. 7, 2025
As we move into November, the fall real estate market across Waterloo Region continues to evolve. Cooler temperatures and shorter days haven’t stopped buyers from exploring opportunities — especially as borrowing costs begin to ease and inventory levels remain strong.
It’s a season where strategy and timing make all the difference. Whether you’re buying or selling, understanding the numbers behind today’s market helps you make more confident, informed decisions.
October brought a slower pace to the Waterloo Region housing market, with 569 homes sold through the MLS® System of the Cornerstone Association of REALTORS®. That’s 6.7% fewer sales than in October 2024 and 18.4% below the 10-year average for the month.
While activity remains below historical norms, sales did pick up compared to September. With borrowing costs beginning to ease and more listings available than usual for this time of year, buyers are finding more options across all property types.
These numbers show that while prices have adjusted slightly, the Waterloo Region remains one of Ontario’s most stable and sought-after real estate markets.
Inventory continues to trend higher, giving buyers more flexibility and breathing room.
This increase in inventory has created a more balanced market, where buyers have more choice and sellers can still achieve strong results with the right strategy.
Homes took an average of 31 days to sell — one day faster than September, but slower than last year’s 27-day average. The five-year average for days on market remains around 19 days, underscoring a steadier, more deliberate pace of activity.
The Bank of Canada’s recent 0.25% rate cut, part of a broader trend that has now delivered nine reductions since mid-2024, is helping to bring borrowing costs back to more balanced levels.
The key interest rate now sits just below its 30-year average, a range historically viewed as neutral or supportive for the housing market. Mortgage carrying costs are now near their lowest point in five years for many two-income households — a shift that could boost buyer confidence heading into early 2026.
Local fundamentals also remain solid. Detached home completions are at their lowest level in nearly three decades, while construction costs continue to rise faster than inflation. These factors limit new supply and help stabilize home values despite national fluctuations.
Canada’s real estate outlook heading into 2026 will depend on several key factors:
Locally, the fall market in Kitchener-Waterloo, Cambridge, and surrounding townships continues to offer balance and opportunity. Buyers benefit from more selection and negotiating power than in recent years, while sellers continue to enjoy stable demand and limited new construction.
Even if prices experience modest adjustments, a significant market correction remains unlikely. Supply remains constrained, and demand is expected to strengthen as affordability gradually improves.
With the right pricing strategy and data-driven approach, this market continues to offer meaningful opportunities — whether you’re upsizing, downsizing, or investing.
If you’re considering selling in the new year, now is the perfect time to capture seasonal photos of your exterior and landscaping before the snow arrives. These images are invaluable for showcasing your home’s curb appeal when listing in winter or early spring.
And if you’re thinking about buying or selling in 2026, or simply want expert real estate advice, we’d love to help. Let’s plan for your next chapter with confidence and clarity.
The Deutschmann Team at RE/MAX Twin City Realty proudly serves Waterloo Region, Wellington County, and surrounding communities, helping families make confident, informed real estate decisions. Our approach is built on precision, presentation, and performance — delivering results that redefine what it means to sell or buy a home with care and strategy.
