Timing the housing market is more complicated than it sounds. From opinions about the best time of year for buyers or seller and arguments about the traditional spring rush to speculation about rising interest rates and tougher mortgage regulations, there are cases to be made about the best ways to navigate the real estate landscape.
One of the most common questions a Realtor® gets asked is, “how’s the market?” And it’s with good reason too. The current pulse of the real estate market drives the decisions of buyers and sellers alike whether it’s in the name of profits, investing, finding a deal, or discovering your dream home. So, how is
It might be the moment that Guelph home buyers have been waiting for. In August, less than 15% of the homes sold in Guelph were purchased over the original asking price, the lowest month percentage in 2018 following a previously slow month for sellers in July. Are buyers starting to get some of the power
Supply and demand is a fundamental concept of economics and the backbone of a market economy. When it comes to real estate, the more demand there is for homes, the higher prices go. And on the other hand, more supply to choose from means buyers can shop around for the best price. A market that
A look at average price growth and where you can find the best value for your money in today’s market.
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