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Waterloo Chronicle, 12 May 2022, p. 10

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w at er lo oc hr on ic le .c a W at er lo o C hr on ic le | T hu rs da y, M ay 12 ,2 02 2 | 10 Public Consultation Centre #2 Scheifele Bridge Replacement - Township of Woolwich We want your feedback Join the Public Consultation Centre (PCC) #2 by sharing your comments with us as we plan to replace the Scheifele Bridge that crosses over the Conestogo River in the Township of Woolwich. This virtual public consultation is open from May 18 to June 8, 2022 at EngageWR.ca/scheifele-bridge-superstructure- replacement What to expect At this virtual PCC, the project team will post a presentation that includes a preferred alternative design that meets the improvement needs of Scheifele Bridge. We will share the findings of the Environmental Assessment (EA) in terms of the improvement needs, what other solutions were considered, how we evaluated all alternative solutions to reach a preferred alternative, and ask you to comment on the preferred alternative. Public consultation Visit our Scheifele Bridge project page at EngageWR.ca/scheifele-bridge-superstructure-replacement and complete the online survey by June 8 and include any other comments you would like to share with the project team. Project documents, including frequently asked questions, are also available. If you have any additional questions about the project, please email garry.leveck@stantec.com or kbrisbois@regionofwaterloo.ca. Project background The Region of Waterloo has conducted a Schedule C Municipal Class Environmental Assessment (Class EA) for the Scheifele Bridge Replacement on Regional Road 22 (Northfield Drive at Conestogo River), in the Township of Woolwich. The structure replacement will address deteriorating infrastructure needs as well as provide an opportunity to enhance pedestrian, cycling, and buggy facilities. All interested parties are invited to complete the online survey and add any comments at the Region's EngageWR project page by June 8, 2022, or by email to either of the contacts listed. Ken Brisbois, C. Tech. Region Project Manager Region of Waterloo 150 Frederick Street, 6th Floor Kitchener, ON N2G 4J3 Telephone: 519-575-4606 Fax: 519-575-4430 kbrisbois@regionofwaterloo.ca Garry E. Leveck, P.Eng. Consultant Project Manager Stantec Consulting Ltd. 100-300 Hagey Boulevard Waterloo, ON N2L 0A4 Telephone: 519-585-7316 Fax: 519-579-6733 garry.leveck@stantec.com All comments and information received from individuals, stakeholder groups, and agencies regarding this project are collected to assist the Region of Waterloo in making a decision. Under the "Municipal Act", personal information such as name, address, telephone number and property location that may be included in a submission becomes part of the public record. If you would like further information on the project please contact: The average sale price in April for all residential properties in the Kitchener-Wa- terloo area was $907,205 -- a 5.5 per cent de- crease compared to March 2022. "Last month introduced a small mea- sure of relief to the market," said Megan Bell, president of Kitchener Waterloo Asso- ciation of Realtors in its monthly market update. "While the number of sales remains strong, and sale prices continue to turn out robust annual gains, we're seeing fewer multiple offers and more conditions on of- fers making their way back into the mar- ket." Total residential sales in April included 361 detached homes (down 25.4 per cent from April 2021) and 107 condominium units (down 2.7 per cent). The average price of a detached home was $1,060,992 -- a decrease of 6.4 per cent compared to March 2022, but still an 18 per cent increase from April 2021. The average sale price for an apartment- style condominium was $600,219 -- up 6 per cent compared to March 2022 and an in- crease of 35.3 per cent from April 2021. "The trajectory the market was on was simply not sustainable, however, I want to emphasize it would be premature to draw any conclusions on just a single month's ac- tivity," Bell said in the update. "The housing market in Waterloo Region is still very much a sellers' market, but sell- ers may need to adjust their expectations. We noticed this shift after the Bank of Cana- da's recent rate increase reinforcing that it has been cheap money empowering too many buyers to chase after too few listings driving the market rather than anything else." There were 1,277 new listings added to the MLS System in K-W and area last month, an increase of 16.2 per cent com- pared to April of last year and a 40.2 per cent increase compared to the previous ten-year average for April. NEWS Total residential sales in April in the Kitchener-Waterloo area included 361 detached homes (down 25.4 per cent from April 2021) and 107 condominium units (down 2.7 per cent). Graeme Frisque/Metroland AVERAGE HOME PRICE DIPS FOR SECOND STRAIGHT MONTH

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