Home sales skyrocket in Cambridge, drop in Kitchener-Waterloo
Posted Jul 7, 2026 04:02:38 AM.
Last Updated Jul 7, 2026 04:06:48 AM.
If you were looking to buy a home in June, chances are you were looking in Cambridge.
The latest real estate figures from Cornerstone Association of Realtors showed a massive 15.2 per cent year-over-year jump in home sales in that city.
It was a trend however, not seen in other Region of Waterloo municipalities.
In Waterloo, home sales dropped nearly three per cent, in Kitchener, 12.2 per cent.
“While sales activity in Waterloo Region picked up in June compared with the previous month, year-over-year figures show a 2.9 per cent dip, marking the slowest June on record,” said Bill Duce, CEO of Cornerstone.
“The number of new listings added to the market remains lower than last year, reducing months of supply in all areas except Kitchener. Waterloo Region continues to have the tightest market conditions compared with our other regions.”
Outside of Cambridge, homebuyers were also looking at properties in Burlington, Hamilton, Mississauga and Norfolk County, all posting stronger sales activity relative to the broader market.
As a whole, home sale prices were down year-over-year by 6.4 per cent to an average of $729,650.
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