Cold and snow did not deter home sellers, but buyers stayed bundled up
Posted Feb 4, 2026 04:12:28 AM.
Last Updated Feb 4, 2026 09:33:51 AM.
Home sellers were out in full force in Waterloo Region last month, but those looking to buy weren’t biting.
The latest housing statistics are out from Cornerstorne Association of Realtors, and the numbers show there were plenty of options for buyers, with a just over 100 per cent increase in newly listed properties from December to January.
“New listings from December to January demonstrate renewed seller confidence, especially considering January’s challenging weather conditions that included significant snowstorms and periods of extreme cold that prompted weather warnings across the region,” said Cornerstone CEO Bill Duce.
The blast of winter, however, seemed to keep many of those looking to buy inside with home sales down nearly 14 per cent month over month.
“Despite the monthly decrease in sales volume, Waterloo Region is showing encouraging signs with modest monthly price growth in both Kitchener-Waterloo and Cambridge,” added Duce.

The average price of a single-family home in Waterloo Region last month rang in around $863,000.
A full breakdown of home prices by property type and municipality can be found here.