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 […]
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 […]
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 […]
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