Condo Market Intel: Unveiling the April 2024 Market Stats for the Waterloo Region
By Condo Culture
The April condo market has seen a surge in new listings, which highlights the growing momentum as the weather changes.
Buyers should take note of the diverse inventory currently available, as prices have remained relatively stable compared to last month and are on par with 2023. This means that those who missed out on buying opportunities previously still have a favourable window to make a purchase before prices potentially rise during the upcoming summer months, a trend observed in previous years.
While we’re seeing an increase in listings in the condo market, many deals are being closed in just two weekends, indicating sustained interest and confidence in the condo market. Despite the challenges of the past year, the condo sector has shown resilience and adaptability, continuing to offer attractive opportunities for those looking to buy or invest.
As we move into the warmer months, now is an opportune time to take advantage of the available options. Whether you're in the market for a new condo or considering investment opportunities, our team is here to provide expert guidance and support.
Check out the breakdown of April's market stats below!
