This month for GuelphToday, our video focuses on what's happening in the Guelph real estate market. We look at a few myths and explain what the actual facts are.
Myth #1: Guelph real estate prices are crashing.
Fact: The August sales number and month to date September sales are showing that we are gaining steam in the market, especially in the single family home market.
Myth 2: There are a record number of houses for sale right now in Guelph.
Fact: The Guelph real estate market is in a 4 week downtrend in available inventory of single family homes. At one point there were 325 houses on the market and we're now at 267. Guelph real estate listings under $1 million are increasing, while over $1 million are decreasing.
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