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 […]
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% […]
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 […]
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 […]
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 […]
Introduction Driven by Toronto residents fleeing the big city, Prince Edward County existing home sales exploded in July to almost double the number sold in July 2019. Although sales have more than recovered from depressed […]
After the pandemic-induced depression in real estate during April and May, County real estate recovered strongly in June, moving close to bubble territory. Demand Doubled From May to June home sales exploded, with double the […]
The Covid-19 pandemic wrecked havoc with the Prince Edward County real estate market during March and April. As the province started to open up in May, we saw County sales and listings increased, but were […]
Along with the rest of the country, the Covid-19 pandemic is wrecking havoc with the Prince Edward County real estate market. Home Sales Collapse Home sales in the County are highly seasonal. Starting from the […]
Despite newspaper reports of a surge in the Toronto real estate, County prices are not affected by the hot Toronto market…at least, not yet. For example, today’s Globe and Mail online real estate section (available […]
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