Interest Rate Hold & Market Uncertainty – May 2025 Real Estate Recap

May Real Estate Recap, The Importance of Property Inspections & 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. 

A smart start: The importance of property inspections for rentals and vacation homes

Whether your clients are purchasing vacation homes, cottages, and rental properties for their personal use, or to house regular tenants or shorter-term rentals through Airbnb and Vrbo, having a property inspection is a great preventative measure that can save them a lot of hassle by offering a heads-up to any major issues that are present or could arise in the future.

Planning to use your home equity in retirement

How much of your net worth is wrapped up in your home? According to Statistics Canada, the median net worth for senior families in 2023 was $1,109,700. The most common type of asset for Canadians was a family home, with a median value of $500,000.

LIVE MUSIC: Brian Bongard

Join Meyers Creek Brewing on May 30 from 8–10 PM for live music by Bongard Road, featuring ‘80s, ‘90s, and classic hits. A longtime PEC performer, Brian Bongard brings full-band sound and deep local roots to every show.

Bay of Quinte Arts Festival

The Bay of Quinte Arts Festival returns for its second annual celebration on Saturday, May 31, 2025, from 11 AM–4 PM at Centennial Park Pop-Ups in Trenton. This outdoor event features local artists, live music, family-friendly fun, and a wide variety of delicious eats from Pop-Up vendors.