Real Estate Sales Update

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Waterloo Region real estate sales, are they getting hot for the summer or cooling down? Many have asked this question and here is a quick update:

There has been a decline in sales during the month of June in 2017 but the average prices remain higher than June 2016. In Cambridge and North Dumfries, there were 240 single-family residential units sold last month, a drop of nearly 12% compared to a year ago.

In Cambridge, the average single-family detached price was $514,451, a jump of nearly 30% over June 2016.

To read more on this article, please visit: https://www.therecord.com/news-story/7408722-real-estate-sales-slip-across-region/

Content provided by The Waterloo Record June 5, 2017.

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