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Kitchener–Cambridge–Waterloo vs Hamilton
Every current official measure published for both metros. Figures from different reference periods are flagged; measures missing for either metro are left out.
| Measure | Kitchener–Cambridge–Waterloo | Hamilton | Reference period |
|---|---|---|---|
| New housing price indexNew homes only; not a resale price measure. | 150.4−2.0% | 106.4−4.0% | Sep 1, 2026 |
| Housing starts (last 12 months) | 3,715 units−19.0% | 2,334 units−15.2% | Sep 1, 2026 |
| Completions (last 12 months) | 4,545 units+35.9% | 2,456 units+54.2% | Sep 1, 2026 |
| Homes under construction | 6,820 units−7.8% | 6,733 units−3.7% | Sep 1, 2026 |
| Dwelling units permitted (last 12 months) | 5,345 units+3.9% | 3,020 units+5.3% | Sep 1, 2026 |
| Rental vacancy ratePurpose-built apartments (6+ units); annual October survey. | 4.20%+0.5 pts | 3.60%+1.2 pts | October 2025 survey |
| Average rent, 2-bedroomPurpose-built rentals (row and apartment, 3+ units); annual October survey. | $1,816+3.9% | $1,659+1.4% | October 2025 survey |
| Asking rent, 2-bedroom apartmentExperimental estimate from new listings; not what sitting tenants pay. | $2,120−1.9% | $2,1500.0% | Apr 1, 2026 |
| Unsold new homes (unabsorbed inventory)Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals. | 75 units+15.4% | 47 units−14.5% | Sep 1, 2026 |
| New homes absorbed (last 12 months) | 427 units−2.5% | 350 units−11.4% | Sep 1, 2026 |
| Population | 701,568 persons+0.3% | 871,143 persons+1.0% | Jan 1, 2025 |
| New homes completed per 100 added residentsDescriptive ratio of new supply to population growth; not a measure of need. | 210 per 100 | 29 per 100 | Sep 1, 2026 |
| Completions per 1,000 residents | 6.5 per 1,000 | 2.8 per 1,000 | Sep 1, 2026 |
| Starts per 1,000 residents | 5.3 per 1,000 | 2.7 per 1,000 | Sep 1, 2026 |
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