November Update At Home Group Realty

November Market UpdateLargely resulting from a seasonal adjustment

After a slight market rebound in October, real estate prices softened in November. The large driving force behind this recent market dip vs. October would be seasonal adjustments of course, so this is expected. Compared to last year, though, sales volume have been declining faster than new listings, which points to other dominant factors at play as well. Though the Sales:Listings ratio has dropped to 70% and prices have weakened, Guelph is still experiencing the benefits of solid sellers’ market conditions.

Download the full market data and analysis for some takeaways from the Guelph Housing Market Report.



At Home Group Realty Leadership Team