Early May Real Estate Update

May 9, 2023

Your Early May Real Estate Update

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!

Looks like Canada's housing market has finally turned the corner

There had been signs that the market would hit its bottom this spring, but “April pretty much sealed the deal,” said RBC assistant chief economist Robert Hogue.

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Multigenerational home construction could surge in Canada, says executive

With the supply shortage in Canada’s housing market showing little sign of improving, multigenerational homes could see a big rise in popularity in the coming years.

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'Summertime Bank of Canada hike'? What the economists are saying about April's job numbers

Canada added 41,400 jobs in April, beating the consensus forecast of Bay Street economists for a gain of 20,000, according to new data released by Statistics Canada on May 5.

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Sandbanks is Open!

Book an afternoon at Sandbanks to kick off your spring! It may not be beach weather yet, but you can still enjoy the sand and picturesque views of Lake Ontario & West Lake.

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Live Music: County Strings

County Strings is comprised of cellist Amber Walton-Amar and Jenna Gallagher. Amber and Jenna are Quinte based musicians who love to bring string arrangements of your favourite tunes.

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What You Need to Know When Selling a Tenant Occupied Property in Ontario

This week's YouTube video will highlight important factors to note if you are considering selling a tenant occupied property. Whether it is to an investor or end user, check out this video for some important things to consider!

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