Mid-February Real Estate Update

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 related. 

Need a break from real estate news? Check out things to do this Family Day weekend in Bay of Quinte and Prince Edward County.

‘A year of two halves:’ TRREB releases 2023 outlook

The second half of 2023 will see a slow but steady rise in home sales and intensified competition among buyers in the Greater Toronto Area (GTA), according to the Toronto Regional Real Estate Board (TRREB). 

Posthaste: Most Canadians see themselves as future homeowners despite rising rates, home prices

Two-thirds of Canadians still see themselves as future homeowners despite a housing market that continues to be plagued by high interest rates and unaffordable prices, according to a new report by NerdWallet Canada.

Turning empty offices into housing is a popular idea. Experts say it's easier said than done

Several Canadian cities are facing high office vacancy rates even as many workers have returned to downtown towers and suburban business parks. With residential rents increasing and a housing shortage in much of Canada, the idea of turning empty offices into housing is very trendy. There's even government funding for renovating offices into residential use. 

Enjoy your Family Day on the ice for a free skate at one of the locations above! Compliments of the Royal LePage ProAlliance family.

Celebrate Family Day Weekend with us! Join in some family fun for all ages. Back by popular demand, enjoy a winter carnival filled with winter games, hot chocolate & horse-drawn wagon rides.