Low supply and increased demand are creating a rental imbalance in the Guelph Market
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
ORIGINALLY PUBLISHED BY HOME GROUP REALTY When you see all those “FOR SALE” signs pop up in your Guelph neighbourhood — and then see them change to “SOLD” shortly afterward — it’s easy to feel like you’re missing out if you’re not buying a home this year. So, you run the numbers, spend nights scrolling
ORIGINALLY POSTED BY HOME GROUP REALTY We know that the home buying process is daunting, and it might seem like you have a million tasks on your plate. Everyone is giving you advice, but what should you really spend your time worrying about? We asked a recent first-time homebuyer what she wishes she knew before
It’s a busy time of year for home buyers in Guelph. Statistically, April and May are the largest sales volume months on the real estate calendar. But, despite the bump in sales activity, this doesn’t necessarily mean that prices increase as well.
Every year, the first few months seem to fly by. Before you know it, you’re into Spring weather and the housing market is in full swing. But before we look forward, let’s take a look back on three interesting facts for the first quarter housing market in Guelph.
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
Timing the housing market is more complicated than it sounds. From opinions about the best time of year for buyers or seller and arguments about the traditional spring rush to speculation about rising interest rates and tougher mortgage regulations, there are cases to be made about the best ways to navigate the real estate landscape.
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