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Real Estate News Harry MillerBy

Local real estate numbers show increase in residential prices – Quinte News


It’s been an up and down year in the local real estate business.

While sales of all properties including residential were up last month as well as year-to-date from last year, the number of total listings was down by 50% compared to 2019.

Meantime, the prices of homes in the Quinte region continue to go higher.

Last month the average price of a residential property was $488,542. That marks a 28.9% increase over that of October 2019 which was $378,956.

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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