The PEI real estate market shows signs of cooling
New numbers from the Canadian Real Estate Association show Prince Edward Island's housing market is starting to cool. The number of houses sold in November fell 13 per cent, compared to the same period in 2021. James Marjerrison, president of the PEI Real Estate Association, said he's not surprised by the decrease."I don't find the stats super surprising given the increased interest rate we've seen over the last few months," he said."There's a little apprehension from…