“Almost four in ten Waterloo residents are spending more than 30 per cent of their total household income on housing,” said Megan Bell, President of WRAR. “The bottom line is the high cost of housing is being driven by a lack of attainable housing supply in the region. The problem is particularly bad among millennials and young people.”
This proposed amalgamation will combine approximately 3800 RAHB Members and 2600 WRAR Members into one organization that can better serve and represent REALTORS®. The proposed amalgamation also opens communication channels with other real estate boards whose interests may be aligned and want to strengthen their advocacy.
“For the first time in a decade we saw sales August’s home sales slip under the 600-unit mark,” says Megan Bell, president of WRAR.” “Home sales were softer than normal last month, which is not surprising given the current borrowing environment.”
The Waterloo Region Association of REALTORS®️ (WRAR) is a new association that has been formed through the recent amalgamation between the Cambridge Association of REALTORS®️ and the Kitchener-Waterloo Association of REALTORS®️. While WRAR officially began offering member services on August 1, 2022, the two previous associations have over 150 years of combined experience.
Our membership consists of over 2,400 REALTORS® and 179 firms within Waterloo Region. WRAR serves as a collective voice for both its commercial and residential REALTOR® Members and operates under the direction of an elected voluntary Board of Directors. Together, we work to ensure local REALTORS® are given the support and resources needed to navigate the growing real estate market within one of Canada’s fastest-growing and thriving communities—Waterloo Region.
While we’re still in development, any information you cannot find here, can be found on our legacy sites.
