Housing Market Recovery or Higher-End Softness?
Where the Market is Moving
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.
Active vs. Sold: The Real Numbers
Think local home prices are staying steady? Look closer at the data. While headline numbers suggest the market is holding firm, comparing average active list prices against actual sold prices reveals a different story. While homes continue selling close to list price, buyers are gravitating toward lower price points, leaving higher-end properties on the market longer. Watch this video to unpack the real story behind the numbers in Belleville, Quinte West, and PEC.
Canadian homebuyers’ market confidence grows
Calgary Herald
Canada’s housing market showed early signs of a potential turnaround over the summer, driven by four consecutive months of rising home sales and declining inventory. According to a report from National Bank of Canada Capital Markets, improving mortgage affordability and elevated new construction are beginning to stabilize conditions, though total overall activity still sits slightly below historical averages.
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!
Afro-Carib Social Night
Terry Fox Run
Join the Marathon of Hope on Sunday, September 20th at Zwick’s Park (Lions Pavilion). Walk, run, or bike in this non-competitive community event to raise vital funds for cancer research. Registration opens at 9:30 AM, with the official start at 10:00 AM.๏ปฟ
Prince Edward County
At
Kehoe Real Estate Group,
we understand the balance between lifestyle and investment that makes
Prince Edward County real estate unique. Led by Joe Kehoe, a lifelong Bay of Quinte local with deep roots in the region, our team provides tailored marketing strategies and honest guidance to help clients succeed in this competitive market. Whether it’s a luxury waterfront property, a farmhouse on acreage, or a modern retreat near Wellington’s wineries, we position every listing to reach the right buyers — through professional media, strategic exposure, and
RE/MAX’s global network.
