π Big Rate Cuts Coming?
August CPI, First-Time Homebuyer Challenges, New Mortgage Rules & 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.
Big Rate Cuts Coming? Inflation Hits Record Low Since 2021!
Inflation just dropped to 2%—the lowest since 2021! And with a potential rate cut on the horizon, lenders are slashing mortgage rates to the low 4% range. Could this be the perfect time for first-time buyers and investors to jump back in? Tune in to find out what this means for the real estate market!
Rising housing prices aren't the only thing pushing first-time homebuyers away
Financial Post

Canada's new mortgage rules ease access to housing – but at what cost?
Canadian Mortgage Professional

What do Canadians want most in a home? Buyers still dream of renovated, suburban single-family houses
Real Estate Magazine
A new survey from Wahi that explored what type of home Canadians would most like to buy reveals that many homebuyers still dream of owning a renovated single-family home in the suburbs, despite ongoing affordability challenges.

Need a break from real estate news? See why people love living here! Check out some upcoming events and activities happening in the Bay of Quinte & Prince Edward County areas!
Oktoberfest @ Meyers Creek Brewing
Meyers Creek Brewing will be hosting their second annual Oktoberfest festivities on Saturday, October 5th! Beer, food, music and games—what more could you ask for?
Paint, Sip & Selfie

On Saturday October 5th, Lavish Studio Creations and SERNA Custom Artwork are hosting a guided painting session with Quinte's top instructor, along with drinks, snacks, and memorable moments in their selfie studio.