Guelph Housing Market Report Third Quarter 2017

In the second quarter of 2017, we reported that the market was “changing.” For the third quarter, a more appropriate description would be “changed”. Past tense. Median sales prices have dropped, the length of time it takes to sell a home has increased, and both the number of sales and... learn more

The Market is Cooling … Kinda Sorta Mixed Messages About The Future

So what’s going on in the market? The August 2017 Guelph Housing Market Report shows that median home prices have declined substantially during the summer, but the historical pricing is only one indicator that shows what was rather than what may be coming. The sales-to-new-listings ratio, which is the best... learn more

September Update: Bank of Canada Raises Interest Rates Rates Rise a Second Time in Two Months

FOR IMMEDIATE RELEASE Media Relations 613-782-8782 Ottawa, Ontario 6 September 2017 Available as: PDF The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Recent economic data... learn more