Benchmark vs Median vs Average: Which Price Tells the Real Market Story?
Buyers Take the Lead as Market Momentum Shifts
Here is your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate.
Why “Average Price” Doesn’t Tell the Whole Story
We’re breaking down how average, median, and benchmark prices compare across Belleville, Quinte West, and Prince Edward County for September. Each tells a different story — and together, they reveal how our local markets are really performing.
Buyers grab the reins: Royal LePage downgrades year-end price forecast
Real Estate Magazine
Canada’s housing market started 2025 on a slow note, with sales activity gradually improving. However, prices are expected to “tread water” in the near term, according to Royal LePage CEO Phil Soper. The latest report shows the aggregate home price rose just 0.1% year-over-year to $816,500 in the third quarter.
ο»ΏPosthaste: Canada's home sales are finally rising — but prices are not
Financial Post
Home sales are beginning to climb across Canada as buyers re-enter the market, but prices remain flat. According to Royal LePage, the national aggregate home price rose just 0.1% year-over-year to $816,500 in the third quarter. Compared to the second quarter, prices actually dipped 1.2%.
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 and Prince Edward County region!
Halloween Boo Tour
Boston Pizza Fundraiser
A special fundraising evening in support of the Children’s Safety Village will be held on Sunday, October 20th, from 5:00 PM to 8:00 PM at Boston Pizza Belleville.
Bay of Quinte & Prince Edward County Real Estate Blog
