Why the fine print matters! Holdover clauses are an important, and sometimes overlooked, component of representation agreements. FOR SELLERS In a Seller Representation Agreement, the holdover clause ensures that if someone who was introduced to the property during the listing period ends up purchasing it after the agreement expires, the listing brokerage may still be entitled to a commission....
Summer is in full swing across Waterloo Region and Guelph, and buyers are paying close attention to one key feature: outdoor space. In today’s market, a great backyard, patio, or deck isn’t just a “nice-to-have”—it’s a real value driver. FOR SALE: 23 Centre Street, WoolwichNicole & William Prokopowicz, Sales Representatives FOR SALE: 27 Vardon Drive, GuelphJess & Scott...
At Chestnut Park West, we believe home is more than a place—it’s a lifestyle. And on Earth Day, we’re reminded that our homes also play a role in how we care for the planet. Sustainable living doesn’t have to mean major renovations or costly upgrades. Whether you own a condo in Uptown Waterloo or a family home in Guelph, small steps at home can make a meaningful difference for the...
If you’re living in or considering a move to Waterloo Region or Guelph, one of the biggest decisions you’ll face is whether to rent or buy your next home. While both options have their place depending on your stage of life, today’s market conditions are beginning to tip the scale in favour of homeownership—especially for those ready to build equity and put down roots. With interest rates...
As the snow melts and spring blooms begin to appear, homeowners across Waterloo Region and Guelph are getting ready to refresh their homes—especially those thinking about selling. One of the simplest and most effective ways to make a strong first impression is by enhancing your home’s curb appeal. Whether you’re listing your property this season or just want to be the best-looking house on the...
As we step into 2025, the Waterloo Region real estate market reflects both resilience and optimism. While annual home sales remained below long-term historical averages, the final months of 2024 demonstrated significant momentum, pointing to an improving market landscape. With lower interest rates, increased inventory, and new federal housing policy changes, buyers and sellers alike are finding renewed...
As we step into 2025, key indicators suggest promising opportunities in the Guelph and Waterloo Region real estate markets. The coming year is poised to bring healthier economic growth, improved borrowing conditions, a moderate rise in home sales, and a steady increase in average sale prices. However, challenges persist, particularly concerning affordability and the broader impacts of political and...
2024 was not without its challenges for the Waterloo Region real estate market, but signs of improvement emerged as the year progressed. While the resale market faced headwinds, year-end numbers reflect a modest recovery compared to 2023. By December, approximately 6,800 homes will have been sold across the region—a 5 percent increase from the previous year, according to local market data. When...
November brought a boost of activity to the Waterloo Region real estate market, with 539 homes sold—a 21.1% increase compared to last year. Buyers benefitted from an expanded inventory, while sellers saw increased interest in a market moving towards more balanced conditions. Key Market Highlights: Increased Home Sales: Residential sales surged 21.1% year-over-year, led by a 23.5% increase in...
Opportunities and Optimism for Buyers and Sellers The Guelph real estate market continued to show robust recovery in October, with 298 homes sold—a 22.6% increase compared to last year. This steady growth in sales activity signals renewed interest from buyers and sellers alike, as well as the positive impact of recent Bank of Canada rate cuts on affordability. Key Highlights: Strong Sales...