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Low inventory in Guelph real estate causes bidding wars

Guelph real estate agents Beth and Ryan Waller discuss the need for more listings in Guelph to offset buyer demand.

Check out the video above for the latest hot topics in Guelph real estate right now with Beth and Ryan Waller!

"The first quarter of 2023 was down significantly over 2022, but this was predicted in our 2023 Guelph real estate market outlook. However starting in late March, limited inventory caused buyers to fight over houses again. Even if there were multiple offers on houses, often times the best offer was a conditional offer or was under the asking price.

"Into April and the rest of spring, we predict multiple offers and bidding wars unless significant inventory hits the market." - Beth and Ryan Waller are Guelph real estate agents with Keller Williams Home Group Realty.