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 February 2024 Market. Find the full reports here!
Royal City Realty Quarterly Market Update
CREA 2nd Edition 2024
Ottawa, ON February 14, 2024 – Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association (CREA).
Highlights:
• National home sales were up 3.7% month-over-month in January.
• Actual (not seasonally adjusted) monthly activity came in 22% above January 2023.
• The number of newly listed properties edged up 1.5% month-over-month.
• The MLS® Home Price Index (HPI) fell by 1.2% month-over-month but was still up 0.4% year-over-year.
• The actual (not seasonally adjusted) national average sale price posted a 7.6% year-over-year increase in January.