Hold Your Horses on the July Rate Cut 🐴
May CPI Data, Population Growth, Canada Day Events & 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.
Hold Your Horses on the July Rate Cut 🐴
In this week's YouTube video, I review the May 2024 Consumer Price Index (CPI) data and discuss why a July rate cut may not be in the cards. Tune in for my take!
In British Columbia, parents are forking out $204,000 on average so their kids can buy a home
Financial Post
Is Canada's housing market about to roar back into life?
Canadian Mortgage Professional
The last month of housing market activity before the Bank of Canada’s interest rate cut at the beginning of June saw sales remain muted, with homebuying sluggish in May. Recently released Canadian Real Estate Association (CREA) figures showed national home sales posted a marginal 0.6% climb in May over the previous month, with actual activity down 5.9% year over year and the MLS Home Price Index (HPI) dipping by 2.4%.
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!
Belleville Canada Day
Come celebrate Canada Day at West Zwick’s Park on July 1, 2024! Free entertainment, live music, buskers, face painting, balloon art and fireworks.
Canada Day in Quinte West!
Celebrate Canada’s birthday on July 1 at Centennial Park. Enjoy family-friendly, familiar favourites such as the Trenton Lions Club pancake breakfast, vendor village and fireworks, and new activities this year.
Bay of Quinte & Prince Edward County Real Estate Blog
