Stratford PEI Real Estate April 2023 Stats

The real estate market has been through some ups and downs in the past few years. Let’s take a look at the statistics from April 2013 to April 2023 to get a sense of the trends. Starting with sales activity, in April 2013, there were 16 sales, which increased to...

Recreational Real Estate PEI

The Cottage Trends Report for 2023, recently released by Re/Max Canada, indicates that Generation X is now the driving force behind recreational property transactions in Canada, leading activity in 91 per cent of surveyed regions. While historically retirees,...

Interest Rate Direction

Newly released figures from Canada’s national statistics agency indicate that the country’s labor market remains robust, with 41,000 jobs added in April, more than double the figure anticipated in a recent Bloomberg survey. This marks the eighth...

PEI Real Estate April 2023 market update

According to the MLS® Statistical Report released by the Prince Edward Island Real Estate Association, there was an increase in home sales in April 2023. However, it is important to note that this was a decrease of 20.6% compared to April 2022, with home sales being...

Real Estate Changes on PEI (and the world)

The real estate industry has seen significant changes in the past few decades, from the rise of online listing platforms to the emergence of virtual and augmented reality tools for property viewings. But what does the future hold for this crucial sector of the global...