Market Outlook: Rates, Pricing, & Projections

August 2, 2026

2026 Housing Landscape


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. 


Navigating Today’s Rate Divergence

The key differences between fixed and variable mortgage rates in today’s shifting Canadian housing market. Discover why fixed rates are climbing while variable options offer lower upfront borrowing costs. Compare the potential long-term savings against economic uncertainties. Which mortgage structure best fits your financial goals and risk tolerance?

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Ontario Projected To See Stronger Housing Market Improvement Than BC: CMHC

Storeys

Canada’s housing market is cooling faster than expected. According to CMHC’s Summer Update, declining prices and improving affordability have yet to spur buyer activity amid ongoing economic headwinds, elevated borrowing costs, and slower population growth. While Prairie and Quebec markets maintain momentum, Ontario and B.C. continue to face historically weak sales volumes and construction slowdowns.

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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!

Belleville Art Association: Square Show

It’s time to think inside the box! The Belleville Art Association is bringing an exhibition dedicated entirely to square canvases and frames. Experience this creative showcase on August 4th from 10 AM to 4 PM!

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Industry Meet Up Monday’s at Meyers Creek Brewing! Work in the food and beverage industry, and your day off is always on a Monday? Because after a week of work, it’s time to kick back, relax, and have some fun.

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Lions Club Concerts on the Bay

A cherished summer tradition for over 30 years, the series returns to the Lions Pavilion at West Zwick’s Park! Live community performances every Wednesday and Sunday from 6 PM to 8 PM throughout August.

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Why Move to Prince Edward County?

Known for its vineyards, beaches, and artistic charm, Prince Edward County offers a lifestyle unlike anywhere else in Ontario. From the lively boutiques of Picton to the tranquil waterfront home of Wellington and Bloomfield, the County attracts those looking for space, character, and community. With Sandbanks Provincial Park drawing visitors from across Canada, PEC has grown into a year-round destination for both full-time residents and seasonal homeowners. With its award-winning restaurants, strong arts scene, and reputable schools, PEC offers both charm and opportunity.


Trust Kehoe Real Estate Group to help you navigate the County’s evolving market with insight, integrity, and proven results.

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