Existing Home Sales Following almost 2 years of staggering increases in house prices, the average price for existing homes sold in the County during October 2021 was $777,000 compared with $662,000 a year earlier. This […]
The Prince Edward County planning department has launched a new, online dashboard which will eventually show all currently open planning applications and their status. Although not all applications have been loaded onto the site yet, […]
High speed internet covers most of the County, but the speed depends on the location. You should confirm there’s good service before making an offer. […]
With the rapid run-up in real estate values over the last year, it comes as no surprise that County rental rates are increasing which will be of interest to both tenants and investors. Chuck Dowdall, […]
County house prices continued their explosive increase during March 2021. If anyone thinks “explosive” is too strong a term, I don’t know what else to call it when the average house price increased 41% over […]
Prince Edward County has a chronic shortage of “roofed” tourist accommodation, but the new Official Plan which Council approved on February 24th contains what may be an inadvertent but significant barrier to this type of […]
Broker of Record Treat Hull was covered by major national and regional media during March 2021 discussing runaway County home prices. Coverage included the lead article in the Toronto Star business section and an article […]
Since July 2020, the annual increase in the median price for a detached home in Prince Edward County has increased between 20% and 40%, depending on the month. In 1951 social psychologist Kurt Lewis develop […]
My report on the County real estate market this month centres on one simple point: County real estate prices have become disconnected from reality. For the last several months I have warned that we were […]
With an acute shortage of listings and continued demand from Toronto migrants, the County real estate market was firmly in bubble territory with a year-on-year median price increase of 41%. Supply The January supply of […]
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