On February 10, 2025, Kitchener City Council took another step toward addressing renovictions, a practice in which tenants are displaced under the guise of property renovations. At the meeting, the Council directed staff to prepare an in‐depth report on a proposed renoviction bylaw. This report is slated for further discussion at the June 2 Planning and Strategic Initiatives committee meeting, a follow‐up...

In January 2025 compared to December 2024, overall sales declined while new listings, inventory levels, average days on the market, and benchmark prices all increased modestly. Detached homes and row houses experienced minimal changes in pricing and days on the market, whereas semi-detached and apartment-style units showed greater variability in listing numbers and price adjustments.

2024 Year-End Overview...

The Oakville-Milton market appears to be potentially in transition. While January 2025 saw fewer sales and a significant build-up in inventory, the 2024 fourth-quarter performance showed robust activity.

Residential Market Q4 2024 Trends

In the fourth quarter of 2024, residential activity experienced strong growth compared to the same period in 2023. 

Sales

A total of 1,563 residential units were...