Local housing sales

Housing sales in Waterloo Region were down just over five per cent in the first half of 2011, compared to the same period last year.

Over 34-hundred properties sold in the first six months.

The Kitchener-Waterloo Association of Realtors says a delayed spring market is now shifting into full gear.

The only property type to experience an increase in the number of units sold on a year-to-date basis, were condominiums, up 4.5 per cent to 653 units.

The average sale price of single detached homes increased four per cent to of June to over $344,000. 

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