Average price of homes sold on P.E.I. up from last year

A new report from the Prince Edward Island Real Estate Association says housing prices are up considerably over this time last year.

The average price of homes sold in the province in September hit a record highof nearly $251,000.

That's a jump of more than 17 per cent from September of last year.

The association notes it was the first time the average home price has ever touched the $250,000 mark.

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