Market Updates

Market Updates

Watch these great informative videos provided by Royal City Realty and CREA, and let me know if you have any questions.   
You can also find monthly market reports for Wellington County, Waterloo, Halton, and Hamilton here. 

Monthly Market Videos

A snap shot for the City of Guelph & Centre Wellington March 2024 Market.  Find the full reports here!





 

CREA 3rd Edition 2024

Ottawa, ON March 18, 2024 – Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall, according to the latest data from the Canadian Real Estate Association (CREA).

Highlights:
• National home sales dipped 3.1% month-over-month in February.
• Actual (not seasonally adjusted) monthly activity came in 19.7% above February 2023.
• The number of newly listed properties edged up 1.6% month-over-month.
• The MLS® Home Price Index (HPI) was flat month-over-month and was up 0.8% year-over-year.
• The actual (not seasonally adjusted) national average sale price posted a 3.5% year-over-year increase in February.