According to this recent press release from the KWREB, the real estate market in Kitchener-Waterloo and area is off to a great start with the best January on record for the local real estate board.

KITCHENER-WATERLOO, ON (February 3, 2010) - Sales of residential properties through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) last month represented the best January ever, nudging by the previous record set in 2006. It was also the fifth month in a row that home sales in the region reached a monthly high.

Home sales activity reached 416 residential sales last month, a jump of nearly 64 percent compared to January 2009. Relative to December 2009, sales saw a 16.5 percent gain last month.

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