Site icon 99.1 FM CKXS | Your Music Variety

Record Low Home Sales In April

Like most sectors of the economy the real estate market has taken a major hit during this pandemic.

April was a record setting month for Chatham-Kent, and not in a good way.

According to the numbers released by the local association of Realtors, only 65 units changed hands last month.

That’s a 42.5 per cent drop from April 2019 the biggest drop for the month in 3 decades.

The 83 listings in April showed a 55 per cent drop year to year.

But on a bright note the average price went up 11 per cent to nearly $289,000.

The first 4 months of 2020 compared to last year shows a decline of just 3.1 per cent.

Exit mobile version