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 August 2023 Market. Find the full reports here!
Royal City Realty Quarterly Market Update
CREA 9th Edition 2023
Ottawa, ON, September 15, 2023 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in August 2023.
Highlights:
• National home sales declined 4.1% month-over-month in August.
• Actual (not seasonally adjusted) monthly activity came in 5.3% above August 2022.
• The number of newly listed properties edged up 0.8% month-over-month.
• The MLS® Home Price Index (HPI) climbed 0.4% month-over-month and was also up 0.4% year-over-year.
• The actual (not seasonally adjusted) national average sale price posted a 2.1% year-over-year increase in August.
Home sales recorded over Canadian MLS® Systems posted a 4.1% decline between July and August 2023.