Benchmark Price is a MESS in the Bay of Quinte

Benchmark Price, Housing Affordability, Finding the Best Mortgage & More!

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 Real Estate Most Affordable In Years, Still Near 90s Bubble Peak: RBC

Canadian real estate is the most affordable it’s been in three years—but that isn’t saying much. RBC data shows ownership costs have eased, though it forecasts improvements stalling soon and affordability worsening next year. Even with affordability at its best, it would only be a slight improvement over the peak of the 1990s real estate bubble—the last one to fully burst. 

Finding the best mortgage in a ho-hum rate environment

Canadian mortgage rates spent another week in suspended animation. There was not one rate change to speak of on the national lender leaderboard. Mortgage pros keep watching the calendar, waiting for the day that hope of a U.S. trade deal becomes reality. Interest rates could rally on such an outcome, but for now, they’re stuck in a range until tariff negotiations either bear fruit or collapse.

Flight Deck Fridays

Every Friday this summer, the National Air Force Museum of Canada is giving visitors rare access to the interiors of iconic RCAF aircraft during Flight Deck Fridays. From July 4 through August, explore a different historic plane each week at the RCAF Memorial Airpark—no pilot’s licence required!

Pop-Ups on the Bay

Pop-Ups on the Bay returns to West Zwick’s Park every week from May through Labour Day, bringing local vendors, food trucks, and entertainment to the Belleville waterfront. It’s a seasonal celebration of community, creativity, and everything we love about summer by the Bay.