How Will Canada’s Immigration Cap Affect Real Estate?

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. 

Liberals release plan to 'solve the housing crisis,' branding it as a call to action

The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands. The 28-page document, which comes days ahead of the federal budget, is the minority government's latest effort to set the agenda on affordability as it loses significant ground to the Conservatives over cost-of-living issues.

Bank of Canada leaves spring housing market in 'holding pattern'

Those hoping that interest rate cuts would boost Canada’s spring real estate market will have to wait a little bit longer after the Bank of Canada once again held rates at five per cent on Wednesday. However, it wasn’t all bad news for housing, as some dovish language from the central bank suggested that stronger-than-expected economic data would not derail the possibility of a cut this year.

Home sales and prices edging up as housing market 'could get interesting,' reports say

The housing market could soon get "interesting," economists say, as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and Market Forecast, Royal LePage is forecasting that the aggregate price of a home in Canada will increase nine per cent in the fourth quarter of 2024, compared to the same period last year.

Join Quinte Arts Council & Loyalist College for a showcase of documentary films by Loyalist College students in the Film, Television and Digital Content Creation program! The night opens with drinks provided by Meyer’s Creek Brewing Company at The QAC Cultural Hub. Documentary films entirely produced by Loyalist students are the highlight of the evening. The evening is capped off with an amazing meal at Paulo's and Dinkel's Restaurant! 

The Lightfoot Band @ The Empire Theatre

Experience the musical legacy of Gordon Lightfoot in the most authentic way – with his original touring band! The Lightfoot Band features Rick Haynes, Barry Keane, Mike Heffernan, and Carter Lancaster and introduces their newest member, Andy Mauck. The evening promises an unforgettable performance as the band pays tribute to the Canadian icon. Fans can expect to hear their favourite classics as well as some deep cuts to deliver the ultimate Gordon Lightfoot experience.