Does the Bank of Canada’s Overnight Rate Affect You?
Home Sale Decreases, Slow Housing Construction, Cottage Sales & 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.
Does the Bank of Canada’s Overnight Rate Affect You?
In this week's YouTube video, I explore whether the Bank of Canada's overnight rate really affects you. Despite all the buzz, its impact on your purchase might be less significant than you think. Tune in to find out more!
Canadian home sales dip in April from prior month as spring listings perk up, CREA says
The Globe and Mail
Planning to sell your cottage before capital gains tax changes kick in? Here’s how you may be able to keep it in the family
Toronto Star
Looming changes to how capital gains are taxed are prompting some families to start thinking about — or revisit — succession plans for their cottages. “A lot of succession planning starts with getting legal and accounting advice, and then you can proceed from there,” said Re/Max Canada president Christopher Alexander. “You’ll want to figure out the tax obligations, like what potential capital gains there are.”
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!
Pickleball at Quinte Curling Club
The 2024 Pickleball season at the Quinte Curling Club began on Monday, April 29 with new pricing and schedules. Sessions are open Mondays and Wednesdays, 10 am – noon and 6 pm – 8 pm. Drop in games are $9 each, including HST. For keen players, an unlimited play option is available for $200 including HST. The season will last 19 weeks, excluding dates when the Club is unavailable.
Break Point Comedy Tour
Get ready to laugh until you hit your break point with a night full of hilarious stand-up comedy! Welcome to Break Point Comedy, a pro comedy show serving laughs with Canada’s biggest comedy aces! Come join The Smokin’ 116 Bistro for a night of laughter and get ready to enjoy hilarious stand-up comedy performances by some of Canada’s best pro and rising comedians.
Bay of Quinte & Prince Edward County Real Estate Blog
