Are Guelph home prices going to drop by 18%?

If you’re following the headlines related to real estate, you’ve likely about the news release issued by the Canadian Mortgage and Housing Corporation (CMHC) regarding their forecasts for Canadian real estate. CHMC, Canada’s largest provider of mortgage insurance in Canada, estimates an incredible 9-18% decrease in the average home values across the country by 2021. 

Guelph is in the face of an extreme seller’s market: Here’s what you should know

Bidding wars. Buyers are frustrated. Sellers cashing in. These echo the sentiments of the Guelph real estate news headlines in 2017. So far in 2020, we’re almost on an identical path.  Sellers, you may want to keep reading. In January 2017, the months of inventory (MOI) was bouncing around the one-month level. This means, that at

hould you postpone searching Guelph real estate listings?

Should you postpone searching Guelph real estate listings?

ORIGINALLY POSTED BY HOME GROUP REALTY– NOV 15, 2019 Relatively speaking, this week was considerably better than the same week last year and even better than the same week in 2017.  Looking at the recently released October numbers for the City of Guelph, we see that this past October set the new high water mark