SALES HIGH - INVENTORY SHRINKING - Will Prices Rise Next Month in Peterborough?

NOVEMBER MARKET UPDATE!
Average prices slide lower again in Peterborough, Ontario from October to March, BUT Months of Inventory finally reverses.
Sales activity in October shows more hope for a resilient Peterborough market than September numbers, but large systemic financial risks still loom.
Let’s dive into the stats and the story below!
All statistics presented are for the City of Peterborough, and are not indicative of County of Peterborough Activity unless otherwise stated.
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[@stephw4784]

I think it was just a fluke month. I feel like it will continue to decline heading into the winter months.

[@mitchclearyPTBO]

Hi Steph, its quite possible, but interesting nonetheless as it was a clear pattern breaker vs the last 7 months. Anxiously awaiting to see how Nov plays out!