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Market Snapshot — Mid April 2026

Inventory continues to build across Guelph and Centre Wellington, with approximately 300 active listings across freehold and condo products.

Average list price: ~$1,100,000
Median list price: ~$950,000
Average days on market: ~40 (median ~25)
New listings: steady week over week

On the sales side, activity is holding, not accelerating:

163 properties sold (March through April 16)
Average sale price: ~$900,000+
Median sale price: ~$825,000
Average days on market: ~31
Sale-to-list ratio: ~97–98%

The pattern remains...

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There’s a lot of attention right now on the proposed HST rebate on new homes. On the surface, it’s simple: “Save up to $130,000.” But here’s the better question:

What if the rebate doesn’t create savings… it just shifts where the money goes? Because in a balanced market like the one we’re in today, that’s usually what happens.

Market Snapshot – March 2026 (Guelph, Fergus, Elora)

Here is what’s actually happening locally.

Guelph:

• 120 sales | 522 active listings

• ~4.4 months of inventory

• Sale-to-list: 97.4%

• Median DOM: 25 days

Centre...

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Inventory continues to build across Guelph and Centre Wellington, with 294 active listings, the majority being detached homes (236 units).

• Average list price: $1,106,109

• Median list price: $949,850

• Average days on market: 41 (median 26)

• New listings: 237 this period

On the sales side, activity remains steady but not accelerating:

• 42 properties sold

• Average sale price: $913,472

• Median sale price: $828,000

• Average days on market: 31

• Sale-to-list ratio: ~97–98%

What stands out is the gap between inventory growth and measured...

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This week’s announcement around GST/HST relief on new construction homes is getting attention—and rightly so. But in a market like Guelph today, this is not a trigger to act quickly. It’s a signal to get informed early and position yourself ahead of where the market is going.

Because while the policy is aimed at new construction, the first meaningful impact may show up in the resale market.

What Was Announced (Simplified)

Both the Government of Ontario and Government of Canada are aligning to reduce HST on new homes:

• Full relief up to ~$1M...

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This week’s data sharpens the story. The market isn’t stalled, it’s active but not converting consistently. Across Guelph and Wellington County, buyers are engaging, listings are coming to market, and prices are holding when properties are well-positioned. But only a small percentage of listings are actually selling in any given window. That’s the real headline.

3 Things to Know This Week

1. Activity is present across the entire region. From Guelph to Centre Wellington to Puslinch, transactions are happening in every segment and price point.

2....

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For more than 500 consecutive weeks we’ve been tracking the Guelph and Wellington County housing market in this report. Markets change, interest rates move, and headlines come and go, but the underlying patterns of real estate tend to repeat. Each week we step back from the noise and look at what the local market is actually telling us and more importantly, what it may mean for buyers and sellers. Here are three things worth paying attention to this week.

3 Things to Know in the Guelph Market This Week

1. Consultations are rising. We’ve seen a...

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3 Things to Know in the Guelph Market This Week

• Detached homes are still moving. Roughly half of detached listings are selling.

• Condos remain slower. Only about 30% of condo listings are finding buyers.

• Mortgage rates have not moved. Despite global market volatility, borrowing costs remain largely unchanged.

​Over the past several days, global headlines have focused on the escalating conflict involving the United States, Israel, and Iran. Whenever events like this unfold, people naturally begin asking what it might mean for the economy,...

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It has been another difficult stretch of weather in Guelph. Add economic uncertainty and the Olympic distractions, and it would be easy to assume the market has stalled. Sales activity remains measured. Energy feels subdued. Decisions feel slower. But if you watch and listen carefully, there is movement.

Inside our brokerage this week, agents have been talking about an uptick in showings. Not dramatic, but noticeable. Offers continue to move through the system, particularly in the entry-level segments. What’s changing isn’t the presence of...

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For much of the past year, the explanation for slower housing activity was straightforward: interest rates moved higher and buyers stepped back. That explanation made sense when borrowing costs were climbing and uncertainty was acute. But January’s numbers suggest something slightly different.

Mortgage rates for insured buyers have largely settled into the mid-3% range. The Bank of Canada has held steady. Yet national resale activity declined again in January, down 5.8% month-over-month and more than 16% year-over-year, according to the Canadian...

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One of the most common frustrations we hear from sellers sounds like this: “We’re getting showings… but no offers.” Or: “We’ve had some interest… but it’s not converting.” In today’s market, that pattern usually isn’t random.

Markets like this tend to give feedback early, but they do it quietly. And sellers who know how to interpret the early signals are the ones who protect leverage.

The first thing to understand: activity isn’t the same as alignment

It’s easy to assume that showings mean the price is right and offers are just around the...