Residential sales activity in the Waterloo Region slowed in the second quarter of 2025 compared to the second quarter of 2024.
Residential property sales numbered 1,921 units in the second quarter of 2025, edging down only 3.4% compared to the same quarter in 2024.
Sales slowed 1% for single detached homes, were down 11.5% for townhouse and row units, and were up 2.4% for apartment units compared to a year earlier in the second quarter.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | 1,208 | 1,220 | -1.0 |
| Townhouse/row | 354 | 400 | -11.5 |
| Apartment | 214 | 209 | 2.4 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | $825,000 | $860,000 | -4.1 |
| Townhouse/row | $620,000 | $655,000 | -5.3 |
| Apartment | $415,000 | $425,000 | -2.4 |
