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Quinte real estate sales decline 24 8% in November year on year

As many as 218 homes in Quinte were sold in November, reports Quinte and District Association of Realtors, marking a substantial drop in market activity as compared to the same period last year.

District association of realtorsDistrict association

Quinte real estate sales decline 24 8% in November year on year

Quinte real estate sales decline 24 8% in November year on year
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Valerie milesDistrict association of realtorsDistrict associationPrice index

House prices forecast to fall 23% in 2023 as sales decline: Desjardins

The jury is still out as to where home prices will land in Quinte in coming months as hikes in interest rates compounded by more expensive mortgage borrowing costs reshape a sellers’ market in the last two years into a buyers’ one.

United kingdomBritish columbiaValerie milesJill oudilDistrict association of realtorsCanadian real estate associationFor saleDesjardins economicsDistrict associationRealtors julyPrice indexGreater vancouver

Housing prices fall in Simcoe County as interest rates increase

The average sale price of a home in Simcoe County dropped more than five per cent from June to July this year, yet sales have also fallen by 15 per cent.

Simcoe countyPeggy hillLuc woolseyDistrict association of realtorsDistrict associationGreater toronto

Quinte real estate sales decline 37 4% in July, house prices continue to rise

Major efforts by the Bank of Canada to curb runaway inflation by hiking interest rates coupled with higher costs of borrowing by leading Canadian banks are spawning a major decline in real estate sales in Quinte, according to local realtors.

British columbiaValerie milesDistrict association of realtorsDistrict association

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