Residential sales activity in Kitchener-Waterloo slowed in the fourth quarter of 2019 when compared to the fourth quarter of 2018.
Residential property sales numbered 1,193 units in the fourth quarter of 2019, this was down 5.7% when compared to the same quarter in 2018.
Single detached home sales rose 2%, while sales of townhouse and row units were down 28.8% on a year-over-year basis in the fourth quarter of 2019.
Annually, residential property sales numbered 5,903 units in all of 2019. This was up 1.2% when compared to the 5,833 units recorded in 2018.