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Apr 6, 2006 - Linknet Real Estate - The twin cities of Kitchener and Waterloo are located in the region of Waterloo in Ontario, Canada. This region has one of the most prosperous and most diverse economies in Canada, with one of the highest standards of living and lowest unemployment rates in Canada.

== Contact Scott Miller for Kitchener-Waterloo Real Estate ==

Historically local industry was anchored in automotive parts and tire manufacturing, meat processing, furniture making, and insurance.

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As elsewhere in North America, the manufacturing sector has declined in importance in the last twenty years, and has been largely replaced by high tech industries. This has been primarily due to presence of two universities in Waterloo -- The University of Waterloo and Wilfrid Laurier University. The University of Waterloo is one of North America's most important schools for engineering, science, and computer science.

Kitchener-Waterloo facts

Kitchener - In the 2001 census, Kitchener was the 9th largest city in Ontario with a population of 190,399. It was the centre of the 4th largest urban area - Waterloo Region - with a combined population of 387,319.

Waterloo - In the 2001 census, Waterloo was the 25th largest city in Ontario with a population of 86,543.

Economy - Kitchener-Waterloo has a very diverse and bouyant economy with strong manufacturing, agricultural, high tech, and service sectors. Waterloo Region has one of the highest average standards of living in Canada.

Real Estate - Kitchener-Waterloo has a dynamic real estate market. Homes are priced significantly lower than similar homes in the Toronto area.

Cambridge is the other major center in the Region of Waterloo

Population - In the 2001 census, Cambridge was the 18th largest city in Ontario with a population of 110,372. Population in 2006 is estimated at 122,000 - an increase of about 10% within the last 5 years.

Economy - Cambridge has a diverse and bouyant economy with strong manufacturing, insurance, and service sectors. Waterloo Region has one of the highest average standards of living in Canada. Its location on the major highway between Toronto and Detroit give it strategic importance as a communication and transportation centre.

Real Estate - Cambridge has a dynamic real estate market. It is centrally located between Toronto, Kitchener-Waterloo, and London, so a significant number of Cambridge residents work in and communte to those cities. Homes are priced significantly lower than similar homes in the Toronto area.

For more Kitchener, Waterloo and Cambridge relocation information see Scott Miller, Kitchener-Waterloo Real Estate.