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Guelph Real Estate Resiliance This place is not like other places

If you’ve been paying attention to the news recently, you probably encountered some “dire” reports about the state of the real estate market. Much of this news is derived from data provided by the Canadian Real Estate Association (CREA) based on MLS ® data from across the country. If you’ve... learn more

Tracking a Dynamic Market July 2017 stats show mixed indicators

Things are difficult to predict in this tumultuous real estate market. The July 2017 Guelph Housing Market Report points to a sharp decline in the number of home sales and a greatly increased time period required to sell a home. Oddly, though, the median sales prices in July have reversed... learn more

July Update: Bank of Canada Raises Interest Rates First Hike in Seven Years

FOR IMMEDIATE RELEASE Media Relations 613-782-8782 Ottawa, Ontario 12 July 2017 Available as: PDF   The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Recent data have... learn more

Guelph Housing Market Report Second Quarter 2017

Everyone is talking about local real estate conditions, whether it’s water cooler talk in the office or market news splashed across the internet. Government interventions through legislation or interest rate adjustments further fuel these discussions. It’s clear that Southwestern Ontario real estate is experiencing dynamic market shifts, but what is... learn more

More Homeowners Are Selling Still a strong sellers' market

Has the housing industry begun to cool slightly? The May 2017 Guelph Housing Market Report points to a sharp increase in homes listed for sale, which has caused an overall slight median price decrease vs. April. Sales have also risen dramatically, which suggests that much of the pent-up buyers demand... learn more

May Update: Bank of Canada Holds Firm on Interest Rate Overnight rate of 0.5% does not change

FOR IMMEDIATE RELEASE Media Relations 613-782-8782 Ottawa, Ontario 24 May 2017 Available as: PDF   The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation is broadly in... learn more

New Housing Regulations Provincial government announces rent and housing reforms

It’s no surprise the provincial government has finally acted. With an annual increase of over 30% in home values throughout the region it’s a wonder it took them so long to do something.  The Globe and Mail has produced a summary of the announcement made today. The foreign buyer tax... learn more

Easter Weekend Market Update.

Issue: 45 April 7, 2017 Guelph Weekly Sales Reports What an incredible week!  Being named the best city in Canada to buy Real Estate by Money Sense Magazine meant we had media crawling all over the city this week.  Click on the link above to see what Global News had... learn more

Guelph is #1 for Housing MoneySense Magazine Gives Top Marks to the Royal City

Recently, MoneySense magazine released a report ranking the best cities in Canada that are the most attractive to real estate buyers and Guelph topped the list. Our sales professionals have long known that Guelph is a hidden gem regarding real estate values and now the world has been notified as well.... learn more

Guelph Housing Market Report First Quarter 2017

After the crazy 2016 real estate market showed no signs of slowing down by year’s end, one would naturally assume that 2017 would be much that same. The Q1 stats point to an accelerating local scene with an even more intense and competitive market. Buyers are stepping up and going... learn more