Guelph bucked the national trend in 2019. Prices and sales across the country were expected to show modest gains and recovery over 2018, and while that was true for the country as a whole, Guelph exceeded expectations and continues to lead most markets in terms of sales and price growth. Last year we indicated that
Guelph real estate continues to outperform expectations
Summer is almost over, kids are back in school, and much to some people’s dismay, the seasonal scent of pumpkin spice is in the air. We’re two-thirds of our way through the year and while kids’ schedules and the habits of pumpkin spice lovers are predictable again, there have been some noteworthy shifts in the
At the start of the year, there was a great article written by MacLean’s implying that perhaps 2019 was the year of the housing market correction. The article discussed the beginning signs of correction and how the Government was likely going to raise interest rates two to three times in 2019.
Have you read the latest news about the housing market? Reports relating to sales activity in May reveal that the housing market in Guelph and Toronto are showing an increase in the average price for residential real estate.
It’s a busy time of year for home buyers in Guelph. Statistically, April and May are the largest sales volume months on the real estate calendar. But, despite the bump in sales activity, this doesn’t necessarily mean that prices increase as well.
It’s the topic that everyone loves talking about- the housing market. Whether it’s with family, friends or co-workers, it has almost become as Canadian as discussing the weather. The Guelph housing market has taken us on a wild ride over the past year and depending on what data you look at, the story can vary