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Guelph Home Sales Improve Further in December 2017

According to statistics provided by the MLS® System of the Guelph and District Association of REALTORS®, home sales numbered 156 units in December 2017. This was up 4.7% from December 2016.

 

On an annual basis, home sales totalled 3,213 units over the year. This was a 6.5% decline from the record set in 2016 but was still the third highest number of sales for any year on record behind 2016 and 2015.

 

“Sales activity continued its sharp rebound in December,” said Kristi Mercier, President of the Guelph and District Association of REALTORS®. “We’ll see in the months ahead how much of that reflects a pull-forward of demand in advance of the new mortgage stress test that came into effect on January 1.”

 

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