Kitchener-Waterloo (MLS® HPI)

Canadian Real Estate Association (MLS® HPI) published a composite benchmark price of $628,300 for Kitchener-Waterloo in August 2026, down 6.0% year over year and down 0.8% on the month.

Across the 35 months on record — October 2023 to August 2026 — the benchmark for Kitchener-Waterloo fell 12.6%, from $718,500 to $628,300.

The high over that window was $735,700 in May 2024; the benchmark now sits 14.6% below it.

Published benchmarks for Kitchener-Waterloo were $746,700 for detached homes in August 2026, $505,500 for townhouses in August 2026 and $363,100 for apartments in August 2026.

The segments have not moved together: detached homes lost 9.9%, townhouses lost 17.0% and apartments lost 21.9% over the window — a spread of 12.0 percentage points between detached homes and apartments.

These are figures published by Canadian Real Estate Association (MLS® HPI) for Kitchener-Waterloo. The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 35 monthly releases, October 2023 through August 2026.