In March, about 4.7 million Canadians were working from home due to the COVID-19 pandemic, says Statistics Canada. Closer to home, those who lived in Guelph and were used to commuting to Toronto suddenly found the highways empty. But how has the pandemic shaped the way we live in Guelph, or get others to consider
A look at current home sale trends in Guelph by price bracket
Guelph has an extremely low home inventory and homes are selling faster than ever. If you’re looking to buy, you have to come prepared with an offer that will stand out. As of August 4th, there were only 130 real estate listings in Guelph. Based on July averages of 9 homes sold per day, the
In mid-summer, real estate traditionally slows down. During July and August, many buyers and sellers go on day trips, summer vacation and take a breather from buying and selling a house. But this year is different. Many people won’t be going on those summer vacations as they had planned. People are spending more time doing things
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.
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.
It’s the time of year where buyers and sellers begin to make plans for a spring market move. If you’re thinking about buying, you’re likely starting to determine your desired neighbourhood, finalizing your budget, and maybe even browsing some open houses. And if you’re planning to sell, it’s time to make sure your home is