Erratic Rates Cause A 2027 Market Shift
The Interest Rate Story Is Changing
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.
Rethinking Interest Rates: Market Reality
For years, real estate assumptions relied on falling mortgage rates, but rising bond yields and inflation concerns have shifted expectations. Even with the Bank of Canada rate holding at 2.25%, fixed borrowing costs are climbing—impacting buyer purchasing power regardless of whether they need a mortgage. Watch this video to see why waiting for lower rates may no longer be a winning strategy.
Ontario housing market set for modest rebound in 2027: Desjardins reportο»Ώ
CTV News
A new report projected housing starts in Ontario to rise around six per cent to nearly 65,000 units in 2027, driven by modest price growth, higher incomes, and pent-up buyer demand. However, potential Bank of Canada rate hikes, rising bond yields, and trade uncertainty could limit affordability gains and developer activity. Read the breakdown on what this forecast means for local buyers, sellers, and builders.
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 and Prince Edward County region!
24 THINGS TO DO IN THE BAY OF QUINTE THIS FALL
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