New HST Rebates Fuel Sales + The 10-Year Local Story

August 14, 2026

HST Rebate Sales & Local Growth


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. 


Is real estate still a smart long-term investment?

While home values remain ~20% below their 2022 peaks, zooming out to a 10-year view reveals a very different story. From 2016 to 2026, benchmark prices across Belleville, Quinte West, and PEC have all more than doubled—delivering 7.5% to 8.6% yearly returns. Watch to see how long-term equity growth continues to build real household wealth. 

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Ontario New-Home Sales Ticked Up In Q2, HST Rebate Program Credited: BILD

Storeys

Ontario new-home sales surged 130% year-over-year in Q2 2026, reaching 8,410 units according to BILD and OHBA data. Industry experts attribute the boost directly to the provincial-federal enhanced HST rebate program, which drove over 56% of those transactions. Analysts estimate this sales bump helped protect 17,300 construction jobs and preserve $2.8 billion in GDP, with further momentum expected as municipal development charge reductions take effect across the province.

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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!

Bingo & Beers @ Meyers Creek Brewing

Head to the Meyers Creek Brewing Company taproom on Monday, August 17 from 7:00 PM to 8:30 PM!This laid-back event features fun prizes, great craft beer, and friendly competition. Games kick off with 3 cards across 4 rounds. Grab a pint and join in for a good time!

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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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Belleville Poutine Feast

One of Ontario’s largest travelling food festivals comes to West Zwick’s Park from Thursday, Aug. 20 to Sunday, Aug. 23, starting at 11 AM. Head down to the waterfront to enjoy games, live music, and over 50 poutine creations ranging from classic favourites to wildly creative twists. Admission is completely free, family-friendly, and pet-friendly! 

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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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