A Historic Housing Drop + Who Actually Owns the Market?

July 16, 2026

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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. 


Canada’s Historic Housing Crash

Canada is experiencing its largest real estate correction in history, with inflation-adjusted prices down 29.3% from the 2022 peak. While major cities struggle, the Bay of Quinte remains highly affordable, offering strong opportunities for local buyers. Watch our latest video to see what this historic shift means!

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StatCan study examines the role real estate investors play in housing price increases

CTV News

A new Statistics Canada study reveals that despite fears of mega-corporations taking over, large institutional investors are mostly absent from the single-family housing market, owning less than 0.4% of homes. Instead, small-scale local investors with five or fewer properties still own the vast majority of Canada's rental stock.

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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 Farmers Market

Since 1816, the Belleville Farmers Market in the heart of downtown Market Square. Open year-round on Tuesdays, Thursdays, and Saturdays, the market gathers local producers and artisans to showcase fresh seasonal produce, home-style baked goods, and unique handmade crafts. Next opportunity, July 14 from 8:00 am to 4:00 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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Harvest and Fiber Festival at Alpaca Ridge Farms

Alpaca Ridge Farms will be hosting Harvest and Fiber Festival on Saturday, July 18, 2026, from 11:00 am to 4:00 pm. Enjoy food trucks, live music, craft vendors, and children's games alongside live fiber-spinning demonstrations and a chance to meet the freshly shorn alpacas.

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Belleville Neighbourhoods

Looking for the best places to live in Belleville, Ontario? Whether you are a first-time homebuyer or relocating to the Quinte area, choosing the right community is key to your lifestyle. From historic charm to modern new builds, Belleville real estate offers diverse options for every budget. Read More

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