Macro Economic Update & Long Amortizations
Canada's Macro Economic Update, Extending Amortizations & More

ο»ΏYour 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.
More Canadian homeowners extend mortgage amortization periods, Big Bank data reveal
Royal Bank of Canada, the country’s largest lender, disclosed that 43 per cent of its Canadian residential mortgages had an amortization period of longer than 25 years, as of July. That’s up from 40 per cent a year earlier, and just 26 per cent in January 2022.

In The Grips Of A Housing Crisis, Will Capping International Students Fix Anything?
From coast to coast, Canada is in the grips of a housing crisis. That, everyone can agree upon. When it comes to a solution, however, that’s a different story.
Last week, Minister of Housing, Infrastructure and Communities of Canada, Sean Fraser, made headlines when he suggested that Canada could (key word) see a cap on international students.

Settling Into Your New School District After a Move
Moving can be a major transition for the entire family, and as with any significant change, settling into a new school can be a challenge for your children, not to mention the potential stress or anxiety it can also bring you as a parent.
Before school even begins, you’ll need to pencil in time to explore new bus routes, meet new teachers, make new friends, and get ready for a change in routine.

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!
Yoga in the Streets

In this immersive experience, participants come together to embrace the power of yoga amidst the vibrant energy of the city. The event features experienced instructors guiding participants through a series of invigorating flows and calming meditation sessions.
Mustang Drive-in PEC

Head over to the Mustang Drive-in in Prince Edward County for a movie night under the stars. Get ready to enjoy not one, but two movies in a single car-load payment! It's the perfect way to make the most of your long weekend.
CANADA Macro Economic Market Update - August 2023
In this week's YouTube video, I'll be discussing a report from CoStar that outlines important signals about how well the Canadian economy is doing. CoStar looks at commercial real estate data, but these indicators have a direct correlation on the residential housing market! So, whether you're interested in commercial or residential real estate, this video is for you. Let's dive in and see what these indicators tell us about the overall economic health in Canada.