The Technology industry is growing in the Waterloo region supplying a lot more job opportunities. Due to this a lot of companies now have their second offices up in Waterloo rather than Toronto considering it’s such a growing community. Shopify is opening a second office in the region which will be creating 300-500 jobs in the next three years.
The median sale price for properties currently is situated at $372,000, a slight decrease from $395,500 last year. The number of sales has also declined from 385 to 273 properties. Currently, inventory stands at 474 properties. The average number of days on market is residing at 23.