2020 - Treat Hull, Broker, C21 Lanthorn

Chart shows how existing homes sales in Prince Edward County plummeted during November 2020 as the second wave of Covid-19 hit Toronto.

Second Wave Stalls County Real Estate

December 9, 2020 0

Introduction Despite a general slowdown in County real estate in November brought on the Covid-19 second wave, dhe average price for homes continued to increase. Demand November home sales in the County fell almost 60% […]

Podcast: Many Want To Come, Few Want To Leave

November 20, 2020 0

As heard on The Grapevine on 99.3 County FM on November 16th, 2020. Real estate broker Treat Hull and show host Lynn Pickering discuss the the shortage of homes for sale in Prince Edward County […]

A Guide to Understanding the County’s New Official Plan

November 17, 2020 2

UPDATE: The County has published a newly-revised version of the draft Official Plan which will be considered by Council at a special meeting on February 24th. Introduction On February 24th, County Council approved a new […]

Image shows cover of Prince Edward County's draft Official Plan dated September 2020.

New Official Plan Delayed

November 11, 2020 0

Prince Edward County is in the final throws of approving a new Official Plan to replace the current one which was adopted in 1998. County staff published a draft of the new plan at the […]

Webinar Evaluation: Understanding the County’s New Official Plan

November 5, 2020 2

At total of 77 people took part in the webinar on “Understanding the County’s New Official Plan” which was held on November 4th. Afterwards the participants were asked to provide feedback on the session using […]

Chart shows how listings of existing homes in Prince Edward County continued to fall dramatically during October 2020.

Many Want to Come, Few Want to Leave

November 5, 2020 0

in a continuation of the pattern seen in September, October demand for County properties continued to exceed the supply of listings. The reason is simple: a lot of people want to move from Toronto to […]

Chart shows that average house prices in Muskoka have been 20-33% higher than in Prince Edward County over the last 5 years.

Prices Compared in Rural Areas

October 26, 2020 0

Introduction Some buyers coming from areas like Toronto start out to buy in the County, while other “comparison shop” between different rural areas, looking at things like house values and amenities. So how do Prince […]

Graph shows that existing home sales in Prince Edward County for September 2020 were 225% higher than a year earlier.

County Real Estate Unsustainable

October 8, 2020 6

Extraordinary demand coupled with low listings are making County real estate unsustainable. With September sales at 225% of last year and inventory at 1/8th of normal levels, resale homes in the County are becoming harder […]

Image shows aerial view of a dockominium near the Atlantic Ocean where prices double as soon as the last dock was sold.

Lack of liquidity brings big price swings

October 5, 2020 0

History in different types of markets shows that lack of liquidity can bring big price swings. As the inventory of homes for sale in the County shrinks, we are moving closer to an illiquid market […]

Wellington Development Applications Are Suspended for One Year

September 28, 2020 0

An Interim Control By-Law was passed by County Council on September 22nd which means that Wellington development applications are suspended for one year. The current municipal water system is Wellington is at the limits of […]