Canada Needs More Housing!

June 20, 2023

Canada Needs More Housing!

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 related. 

 

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!

Home Sales Up in 70% of Canadian Real Estate Markets

The latest data from the Canadian Real Estate Association (CREA) shows home sales posted a 5.1% increase in May compared to April. When looking back to May 2022, home sales are up 1.4% from the same time last year.

 

What’s so significant about this trend? Well, for the first time since June 2021, Canada saw an increase in year-over-year sales.

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Toronto, Vancouver doomed as they chase away the middle class

Could a “doom loop” be coming to a Canadian city near you? Many signs point to yes. While it may sound like a gravity-defying amusement park ride, a doom loop is a much more terrifying reality where rather than eluding gravity, a city plunges into a bottomless sinkhole of decline.

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A Town & Country Garden Tour

Explore eight beautiful gardens of the Bay of Quinte at the 23rd annual A Town & Country Garden Tour. A self-guided tour giving you the opportunity to mix and mingle with other garden enthusiasts and to meet the passionate host gardeners.

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Side Hustle Market at Downtown @ Dusk 2023

 Support and shop with 20+ local artisans selling the best handmade goods around the Bay of Quinte region from 4-10 pm. You’ll also find street performers, live music, food trucks and so much more.

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WE NEED HOUSING - Converting Office to Multifamily in Canada

This week's YouTube video will highlight office to multifamily conversions proposed in the effort to create more housing. Check out the video and let me know your thoughts!

Watch Here

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