My Prediction Was Wrong | BoC Cuts Rates ✂️

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. 

Can a single rate cut make waves in Canada’s housing market? What to know

The Bank of Canada’s first interest rate cut in over four years on Wednesday will have a “psychological” impact on the Canadian housing market, but will likely not be enough to meaningfully improve affordability, experts say. The Bank of Canada cut its key policy rate, which informs the rates Canadians pay on loans like mortgages, by 25 basis points to 4.75 per cent.

What the Bank of Canada rate cut means for mortgages, loans and investments

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here’s what it could mean for your finances.

Strong population growth, housing crisis drive major shifts in Canadian commercial real estate market: Re/Max

Strong population growth and housing supply issues are driving significant shifts in the Canadian commercial real estate market. Builders and developers are focusing on multi-family purpose-built rentals to address the housing shortage, a trend supported by incentives like the Canada Mortgage and Housing Corporation’s (CMHC) Apartment Loan Program, Re/Max Canada’s 2024 Commercial Real Estate Report notes.

Welcome to the Endless Summer event at Trillium Wood Golf Club! Get ready for 2 epic days filled with sunshine, music and a display of long drive golf that you will never forget. Join them to kick off the summer season in style as they welcome the best Long Drive athletes in the World including #1 ranked, Kyle Berkshire!

Father’s Day Craft and Vendor Sale

There will be a 2-day Father’s Day Craft Sale held at the Fish and Game Club 170 Elmwood Drive in Belleville on Saturday, June 15th and June 16th from 10am-4pm. There will be 50+ vendors attending along with different homemade items, an auction table will be available and a draw for a door prize, and there will be hamburgers there to purchase.