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. 

FROZEN IN TIME

The past few weeks have felt pretty surreal.  Self Isolation is a word we didn’t even know about in early 2020.  Now, here we are with mounting cabin fever and anxiety knowing that there’s probably another 30 days of this- at least. Someone told us that this is likely “an event of the century”, where

2020 VISION | Issue 186 Guelph Weekly Sales Report

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

Digging deep into Q3 2019 Guelph Real Estate

Digging deep into Q3 2019 Guelph Real Estate

Originally posted on Home Group Realty’s website: Predictions are an interesting phenomenon. Last year for Q3 we reported the median sales price of all Guelph home types was $480,000 and at the time we commented we felt Guelph was a couple of years away from breaking the half million dollar community.  It would appear that

Cooling housing market has potential to create hot deals for buyers in Guelph

Cooling housing market has potential to create hot deals for buyers in Guelph

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