April Monthly Stats

The new growth of spring.

Numbers are in for both Kitchener Waterloo and Cambridge for April real estate sales. Congrats to the home sellers of Cambridge as the leak in the dam seems to have been plugged by the tulips of spring. Cambridge has shown 20-40% decreases over the last 6 months so to only be down by 1.8% over last year is quite an accomplishment. This is still a drop of nearly 20% over the 2007 numbers of 307 homes sold in Cambridge.

KW is improving as the gap between this year and last year is shrinking. This month a 14.9% gap from last year is an improvement over the preceding months.

Guelph on the other hand does not seem to be holding it's ground. Early numbers show a 26% decrease over last year and that was down nearly 6% from 2007.

Let's hope that the consumer confidence is back and can repair the levee damage so the spring/summer homes sales don't get washed away in the tidal wave of unsurity.


M