April 2010 Quinte MLS Staistics.
As one would expect, April was a busy month in the Quinte market. The number of residential sales increased dramatically from April 2009, from 273 to 366. There might be several factors that are driving this. The first and most obvious one is that April 2009 wasn't a particularly good month. Consumers are taking advantage of the low interest rates, as it's no secret that they are going to rise (not dramatically), and savvy consumers are getting things done before the H.S.T. comes into play.
What is worrisome is that there seems to be a flood of inventory on the market and not enough buyers to create a balance.
If you have any questions or comments about Quinte Real Estate, don't hesitate to call me at 1 800 567 0776. Maybe I can be of service. If you are looking at Trenton homes for sale , or wish to sell your own, give me a call or email me at malcolmjohnston@mail.com.
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