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 home sales drop 70% as the real estate machine comes to a grinding halt

Now with just over five weeks of social isolation, many of us are forming new habits. Maybe spending more time on video chats, discovering a new TV show or accepting a new hairstyle.  Regardless of what you’re doing, it’s likely a big change from the normal day-to-day. The current state of things Our front-line workers are

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

COVID-19 and Guelph’s real estate market. Where do buyers and sellers stand?

Within two weeks, the world has changed dramatically. We’re now in the face of massive closures and shutdowns, cancelled sports seasons, stock market declines and fistfights in the aisles of Costco over toilet paper. COVID-19, or the Coronavirus, has impacted everyone internationally in one way or another. But does the trickle-down of this global virus