Residential sales activity in the Quinte & District area slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021. Residential property sales numbered 583 units in the fourth quarter of 2022, down significantly compared to the same quarter in 2021. Single detached home sales slowed 29.3%, while sales of townhouse and row units were down 30.3% in the fourth quarter of 2022. Annually, residential property sales numbered 2,947 units in all of 2022. This was up 17.3% compared to the 2,512 units recorded in 2021. This was the highest number of annual residential sales ever recorded.