It’s no secret that the most Ontario real estate markets have hit new highs this year, including Guelph despite a global pandemic. In late September, the Financial Post published an article identifying Guelph as one of the 5 fastest-growing markets in Canada. If you add in the full September sales, the average price of a home in Guelph is +14% this year.
You’ve definitely heard how important this is in real estate — and that’s because it’s true! Location is a crucial factor when it comes to the value of your home. Not only does what part of town you are in matter, but what is physically near you can actually help or hinder your property value.
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
“My house is infested with termites” is something you never want to have to say if you own a home in Guelph. Thankfully, termites in Guelph are well monitored. Termites are wood destroying insects, living in large colonies that can cause serious structural damage to homes if they are not contained and controlled. Introduced in
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
When you’re looking for a home to buy there are many considerations to take into account: budget, timing, size of the house, neighbourhood, and perhaps other factors unique to your situation.
The Guelph real estate market took us on a wild ride in 2018. Single family residential home sale dollars declined over 10% during the year and houses sold followed suit at about the same rate. The average purchase price of homes was just over $500,000 in Guelph (condos, townhouses and detached homes), which is nearly
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