HOUSING REBOUNDS

There were 673 residential homes sold through the MLS system of the Kitchener-Waterloo Association of Realtors in June, an increase of 2.1% compared to June 2019, and 57.6% more than in May. The average sale price of all residential properties sold in June increased 12.8% to $601,285 compared to the same month last year, while detached homes sold for an average price of $698,736 an increase of 13.2%.