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August 2022 Market Update

August 2022 Market Update

The number of homes sold in August was down on a year-over-year basis they were up almost 19 per cent compared to July.  The market over the last few weeks has shown improvement. However, today the Bank of Canada announced another interest rate increase of 0.75%. That likely will mean more downward pressure on prices.

Click Here To Read Full Report from The Waterloo Region Association of Realtors