The PTBO Housing Show

November 2022 Market Update - Prices Fall, But So Does Inventory…Bottom Near? Peterborough Real Estate Market Update!

November 10, 2022 Mitch Cleary Season 1 Episode 22
The PTBO Housing Show
November 2022 Market Update - Prices Fall, But So Does Inventory…Bottom Near? Peterborough Real Estate Market Update!
Show Notes

Average prices slide lower again from October to March, BUT Months of Inventory finally reverses. Sales activity in October shows more hope for a resilient 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 Activity unless otherwise stated. 

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