Category: Real estate

26% of Canadians plan to purchase an investment property in the next 5 years

May 26, 2023

Despite higher borrowing costs in today’s post-pandemic real estate environment, the aspiration to own property for the purpose of investment remains strong. Twenty-three per cent of Canadians who do not own a residential investment property say that they are likely to purchase one in the next five years……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More 26% of Canadians plan to purchase an investment property in the next 5 years

End of April 2023 Wellington County real estate update

May 16, 2023

Wellington County real estate shifts into a seller’s market this month as a lack of inventory gives the market a bit of a push. The lower number of new listings is also holding back both unit sales and sales volume. Despite this, monthly average and median sale prices remain on a steady rise month to month……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More End of April 2023 Wellington County real estate update

Wellington County real estate update end of March & Q1 2023

April 13, 2023

As we move into mid April, mother nature is treating us well with some beautiful sunny days amidst the spring season. Wellington County real estate is also seeing sunny days, and remains a balanced market this month as both unit sales and new listings are lower than they were this time last year. Average and median sale prices are still…..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate update end of March & Q1 2023

Wellington County real estate update at end of February 2023

March 13, 2023

As we move into March and our spring season, Wellington County real estate continues the year as a balanced market despite the drop in unit sales we have continued to see for the past few months. We are also seeing less inventory than this time last year, which also contributes to the market staying in a balanced state……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate update at end of February 2023

Shut it down – it’s a Snow Day in Guelph!

February 23, 2023

Snow days can be a wonderful opportunity to enjoy some time off and have fun in the snow. Whether you’re a child or an adult, there are plenty of activities to enjoy during a snowy day. Here are the top 10 things to do on a snow day in Guelph…..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Shut it down – it’s a Snow Day in Guelph!

Wellington County real estate update at end of January 2023

February 13, 2023

Wellington County real estate starts 2023 as a balanced market despite the drop in unit sales we have continued to see for the past several months. The YTD average and median sale prices have declined over where they were this time last year, however, first quarter of 2022 showed very high price increases overall prior the initial interest rate increases. We are continuing to see a slight price correction in the market when……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate update at end of January 2023

Wellington County real estate update at end of 2022

January 13, 2023

Wellington County real estate remains in a balanced market despite the rising number of new listings and lower number of unit sales compared to this time last year. The YTD average and median sale prices are still higher than they were this time last year, which means a strong foundation for this market going into the holiday season and into 2023. …..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate update at end of 2022

Wellington County real estate update at December 2022

December 16, 2022

Wellington County real estate remains in a balanced market despite the rising number of new listings and lower number of unit sales compared to this time last year. The YTD average and median sale prices are still higher than they were this time last year, which means a strong foundation for this market going into the holiday season and into 2023. …..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate update at December 2022

Wellington County real estate market Update

November 14, 2022

Wellington County real estate remains in a balanced market due to the consistent rise in inventory over the last few months, and a steady decline in unit sales. The year-to-date average and median sales prices still remain higher than they were this time last year, which shows that this market still has a solid foundation. …..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County real estate market Update

Summer coming to an end with Balanced real estate market

September 12, 2022

It is official, the real estate market has cooled off across the country. Sales activity fell once again over the past month with buyer demand running well below typical levels for this time of year, likely as rising mortgage rates and market uncertainty continue its impact on home buyer confidence……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Summer coming to an end with Balanced real estate market