PUSLINCH MARKET UPDATE
Based on March sales data, the Canadian Real Estate Association released a revised 2026 outlook and it points to a slower-than-expected spring market. National home sales are now forecast to rise just 1% this year, a notable drop from the earlier 5.1% projection. Prices are also expected to see modest growth of about 1.5%, with the average home price reaching $688,955 — roughly $10,000 lower than previously forecast. March activity reflected this shift. Robert Hogue of RBC noted it was the slowest start to the spring market in 17 years.
The rural market in Puslinch Township remained steady through April, with higher-end properties continuing to support strong average sale prices despite relatively modest sales activity.
The average sale price climbed to $1,529,738, representing a 10% increase compared to last year. Sales activity also improved, with 8 properties sold — up 33% year over year. Homes in the township took an average of 72 days to sell, reflecting the more measured pace typical of the rural and luxury market segments.
Inventory levels remain healthy, with 49 active listings currently on the market, equating to approximately six months of inventory. This balanced market environment is giving buyers more selection and time to evaluate properties, while sellers are benefiting from continued demand for rural living and estate-style homes surrounding Guelph. Well-presented properties in desirable locations continue to attract interest, particularly as buyers look for more space, privacy, and long-term lifestyle value.
If you’re considering making a move in 2026, call/text, email/PM me for a free, no obligation home evaluation and put my 25+ years of experience to work for you!
Dean Manton Broker
RE/MAX Real Estate Centre Inc
519-716-4663
mail@deanmanton.com
