Hello Everyone and Welcome to the 1st Quarter 2020 Report for the Region! The Quick Notes: The data spans 11 weeks of runaway Seller’s market followed with 2 weeks post-Covid shut down – thus, it’s not a great indicator of the market to come.The market is contracting, absolutely. In some regions more than others and ……. Read More

It will be weeks, months, and even years before the full extent of Covid-19 is understood but in the meantime, there are simple things we can do to help ourselves and each other. I find I remind myself daily to stick to the basics; Talk:  We are all in this together and talking to people has helped ……. Read More

Hello Everyone and Welcome to the 2019 4th Quarter Report for the Region! How does this data relate to your home as an investment? Every home is different, so for an accurate answer, call us! In general, you are doing well but there are exceptions.  We predict another year of increase in property value. When ……. Read More

Hey everyone, welcome to the 3rd Quarter Report for the area.  Brief Summary: Markets under $600,000 continue to be hot with near to 3/4 of all homes selling in that price range – many with multiple offers.  $600,000 – $800,000 remains tight for Sellers and is considered a balanced market.  $800,000 – $1,000,000 continues to ……. Read More

The data report below repeats a familiar story, lack of supply, continued demand. Price point is the key to market expectations with resale values softening above the $600,000 mark. New home sales are down in general as affordability remains an issue, especially in detached new builds.  Curious? Know someone who should know what’s going on in the market ……. Read More

The market has surprised many over the past few weeks, including new rules form the federal government, which was lead by dropping interest rates which are further spurred on by the big banks battling to earn your mortgage business. I don’t recall banks every offering more incentives to make a switch than I am seeing ……. Read More

The below report gives information about the 4th Quarter 2018 for Guelph and area. Very interesting read. This is a small sample of what can be found: For the full report: Heading into 2019 there are loads of opportunities in this ever changing market. We have helped a lot of people successfully navigate the crazy ……. Read More

So far it appears to be a reasonable Seller’s market. Lack of supply remains the primary challenge. Even so, we don’t expect things to get out-of-hand and repeat 2017’s ridiculous spring market. Trends we are seeing; • a massive decline in Toronto Buyers. • multiple offers being accepted WITH conditions (finally, equitable real estate has ……. Read More

2017 saw an unprecedented Sellers market, a market correction/contraction, and the implementation of a series of new mortgage rules that had the objective of curbing the market. Now, with the benefit of hindsight, we can see that the new mortgage rules impacted the real estate market in-so-far-as pushing Buyers to act “now” vs. post-rule change. ……. Read More

New mortgage rules are set to take effect on January 1st 2018. Currently only home buyers with less that 20% down are being stress tested. Starring January 1, 2018 all home buyers will be. Who may be affected: 1.  New Home Buyers 2.  When you go to renew your mortgage. 3.  Refinancing 4.  Investors What ……. Read More