January often feels like a reset after the holidays, and in Ontario’s real estate market, it can be a quietly strategic moment to make a move. While activity may appear slower, the buyers and sellers who remain active tend to be focused, prepared, and intentional. Winter brings serious decision-makers Buyers active at this time of year are rarely browsing casually. Many are relocating for work,...
Buyer behaviour has shifted over the past year, and while headlines tend to focus on interest rates and inventory, what actually influences decisions often comes down to the details. Here’s what today’s buyers are paying the closest attention to when they walk through a home. Condition over potential Buyers are more cautious than they were a few years ago. Move-in ready homes, well-maintained...
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...
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...
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...