CMHC Says Guelph's New Construction is Recovering Well

CMHC has reported that mid-to-low market houses have receovered well in the past year in the City of Guelph in terms of new constructions.  The higher end of the market has not recovered as well due to higher maintenance costs associated, their environmental impact and most importantly less purchassing power by high income earners.  

For more details click here for the Guelph Mercury article written by Drew Halfnight.