Thinking about buying a home — but unsure if now’s the right time? You’re not alone.
Many buyers in the Waterloo Region are asking the same question. The summer market in Kitchener-Waterloo and Cambridge is shifting—and before you make a move, there are a few things you really need to know. Here’s one of the top 5 insights that could shape your decision:
1. Is Now the Right Time to Buy in the Waterloo Region?
After a few years of volatility, home prices are holding relatively steady. Detached homes and townhomes have seen modest month-over-month changes, and the market is no longer tilted heavily in favour of sellers.
For buyers, this means greater predictability, fewer bidding wars, and the potential to negotiate more favourable terms. If you’ve been waiting for a calmer market—this might be it.
2. Are There More Homes on the Market This Summer?
Yes—and that’s a big advantage. Inventory has climbed significantly across the region. With more listings available, buyers have more choice, more breathing room, and less pressure to make split-second decisions. You’re far more likely to find a property that fits your lifestyle, budget, and timeline.
3. How Long Are Homes Staying on the Market?
The pace has slowed compared to the last few years. Homes are spending more time on the market, which gives buyers more flexibility to schedule showings, do proper comparisons, and make thoughtful decisions—without rushing into an offer.
4. What’s Going on with Interest Rates Right Now?
After a period of aggressive hikes, interest rates are holding steady. That stability is giving buyers more confidence in their mortgage planning. And with possible cuts on the horizon later this year, locking in now could mean getting ahead of increased competition if rates fall.
5. Is Summer 2025 the Best Time to Make a Move?
In many ways—yes. The combination of stabilized pricing, increased inventory, and fewer active buyers creates an ideal window for smart, prepared buyers to act. Come fall, we could see competition pick back up, especially if rates begin to drop and more buyers re-enter the market.
If you’re even considering a move, having the right information and the right support can make all the difference. Whether you’re buying for the first time, upsizing, or relocating, this is a real window of opportunity — and we’re here to help you navigate it with confidence.
Have questions or want tailored advice based on your situation?
Start the conversation with our team — no pressure, just helpful local insight.