Prince Edward Island Real Estate Association

Residential Activity

Residential sales activity in Prince Edward Island slowed in the fourth quarter of 2019 when compared to the fourth quarter of 2018.

Residential property sales numbered 429 units in the fourth quarter of 2019, down 9.9% when compared to the same quarter in 2018.

Single detached home sales slowed 12.5% on a year-over-year basis in the fourth quarter of 2019.

Annually, residential property sales numbered 1,914 units in all of 2019. This was down 7.3% when compared to the 2,065 units recorded in 2018.