Blog - Page 2 of 17 - Treat Hull, Broker, C21 Lanthorn

Chart from 2021 Official Plan shows how most of the area around Sandbanks Provincial Park is designated as a Natural Core Area where development is prohibited.

A Barrier to Tourist Accommodation in New Official Plan

March 29, 2021 0

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 […]

Media Focus on PEC Price Inflation

March 25, 2021 0

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 […]

Chart shows factors affecting property values in Prince Edward County

Factors Affecting PEC Property Values

March 18, 2021 0

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 […]

Chart shows that the average house price in Prince Edward County has increased 38% over the last year.

County Real Estate: Disconnected From Reality

March 16, 2021 2

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 […]

Chart shows that the median selling price for existing homes in Prince Edward County was up 41% in January 2021 compared with a year earlier.

January 2021: What Will Happen When The Bubble Ends?

February 15, 2021 0

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 […]

Image shows Move Smartly Report January 2021 Understanding the Toronto Area Real Estate Market

Toronto Market Headed for Bubble

January 21, 2021 0

As the Toronto market moves into bubble territory, County demand will likely grow. Toronto buyers account for much of the demand for homes in Prince Edward County, so the emerging bubble market in Toronto is […]

Photo shows Outlet Beach at Sandbanks Provincial Park

To Promote Resort Development, Look Beyond Waterfront

January 15, 2021 0

The following is second set of comments submitted to the municipality on the new Official Plan which will be considered by Council in February. The County has a long-standing and acute shortage of roofed accommodation […]

Chart from the Globe & Mail, Thursday, January 14th, 2021 shows that Toronto lost nearly 50,000 residents to rural areas during the first half of 2020.

Not Quite Panic Buying

January 14, 2021 0

Broker of record Treat Hull was quoted in an article on the migration from big cities to rural areas in today’s Globe & Mail. The Globe article reported that for the first 6 months of […]

Chart shows that December homes sales in Prince Edward County were almost double last year.

December 2020: Seller’s Market Continued, But Will It Last?

January 5, 2021 0

The strong seller’s market continued into December, but the impact of Boxing Day lock-down on sales for early 2021 remains to be seen. Demand Fueled by continuing demand from Toronto buyers, home sales continued at […]

Chart shows that County house prices in rural areas have been rising faster than in urban areas.

Comments on Draft Official Plan

January 5, 2021 0

The following deputation on the draft Official Plan was presented to Council by Treat Hull on December 9th, 2020. The County is accepting comments on the draft of the new Official Plan until January 15th. […]