Bay of Quinte Q1 2025 Real Estate Market Update | Prices Holding, Sales Down 📉

Here is your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate. 

Canadian Renters Abandon Plans To Buy Real Estate This Year: BoC

Maybe next year? Canadian renters are hitting pause on their plans to buy a home in the next 12 months, according to a Bank of Canada (BoC) consumer survey in Q1 2025. Following a quarter of record buying intentions, the share looking to buy this year made the sharpest quarterly decline on record. The combination of a federal election while engaged in trade wars with the world’s two largest economies, has created economic uncertainty likely to worsen before it improves. 

The market isn’t falling—

it’s finding its feet

If there’s one lesson March 2025 teaches us about the Greater Toronto Area real estate market, it’s this: gravity isn’t always a bad thing. After years of frenzied growth, soaring prices, and buyer competition that defied fundamentals, the market has begun a pretty serious descent in response to two key uncertainties in Canada’s market.

Open Mic Night

Join host Ray Flood for Open Mic Night at Meyers Creek Brewing a welcoming midweek event open to all levels and styles of music, poetry, storytelling, and comedy.
The cozy, acoustic-friendly space is perfect for solo
or duo performers—just show up or contact Ray to sign up!

Easter Brunch

Celebrate Easter Sunday with a special brunch at The Local!
From 10am–2pm, enjoy a fresh, seasonal menu crafted
by Chef Ian—perfect for a laid-back morning with family
or friends. Reservations recommended.