What a mild November! We have enjoyed lots of sun and double digit temperatures for the better part of the month. So far the weather in Charlottetown is very similar to what I have experienced in Vancouver, although I am sure that will change soon enough...
As we enter the cooler months the PEI real estate market is faring well. Sales and prices are up from 2008 and the inventory of homes ...
Posted by Paul Boenisch
on December 3, 2009
For September sales are up MOM(month over month), inventory is down and prices are sitting at highs not seen in the last 4 years. Last month’s steep dip in sales appears to be an anomaly rather than a sign of things to come.
Sales increased 18% MOM. Although There was a strong rebound from last month, sales for September are lower than the last few years and for a strong real estate market ...
Posted by Paul Boenisch
on October 1, 2009
With summer winding up the PEI real estate market took a bit of a breather this month. While listings flat lined and prices continued to be strong, sales dipped. They came in at 135 sales which is considerably lower than the last 3 years. Prices remain strong and are at their highest level for August in the last 4 years. Let's see if the typically strong fall market breathes some life back into the ...
Posted by Paul Boenisch
on September 2, 2009
Finally the summer weather is starting to heat up and the real estate market is still going strong. Listings seem to have plateaued at a lower level than the previous 4 years while sales continue to move upward. If this trend continues there will be further upward pressure on prices. Prices have posted their highest number in July for the last 4 years.
Another positive for PEI is that a report ...
Posted by Paul Boenisch
on August 10, 2009
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Posted by Paul Boenisch
on July 14, 2009