Benchmark Price DOWN 20% From Peak

November 21, 2023

Benchmark price down 20% from peak, real estate market gets put on hold


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Benchmark Price DOWN 20% Across These Markets

In this week's YouTube video, I weigh in on the House Price Index (HPI) and Benchmark Price numbers for October 2023. Canada-wide HPI continues to fall month over month, but is still up year to date and year over year. Is this regular seasonality or an indicator for prices to fall further?

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Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices

CBC

Canada's housing market has gone into winter hibernation early this year, the group that represents realtors said Wednesday, with new data for October showing fewer sales, fewer new listings, and selling prices mostly flat.

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Need a break from real estate news? See why people love living here! Check out some upcoming events and activities happening in the Bay of Quinte & Prince Edward County areas!

Belleville Festival of Lights

The Festival of Lights runs from Nov. 17 to Jan. 7 at Jane Forrester Park. This year’s display will feature exciting new installations including a gingerbread man, penguin and an interactive snowman.

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Trenton Santa Claus Parade

The Quinte West Chamber of Commerce is proud to put on the Trenton Santa Claus Parade for the community. The parade leaves the Community Gardens (Centennial Park) at 4:30p.m. 

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