Eastern Ontario Real Estate Sales Plunged in April

The bottom at least temporarily fell out of the local real estate market during what the president of the local real estate board called an unusual month.

However, Doug Paterson said he remained confident the coming months would see a turnaround for local realtors.

April featured a 100-unit plunge in property sales registered on the Quinte District Real Estate Board’s MLS System, a decline that translates to a $15.9-million drop in sales for the period.

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