November Real Estate Update & Changes for the Future

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. 

Trust in Real Estate Services Act (TRESA) Now in Effect 

The Trust in Real Estate Services Act (TRESA) is now in effect. TRESA replaces the Real Estate and Business Brokers Act (REBBA) and impacts how nearly 100,000 realtors will conduct business in the province of Ontario. View the information guide below and reach out directly for how this affects you as a buyer or seller.

What should Doug Ford's government do about developers who go years without building homes?

At least 20 Ontario municipalities are so far away from reaching their provincially-mandated targets for new home construction starts that they have virtually no chance of hitting the mark, and will face stiff financial consequences in 2024. 

Despite softening activity, Canada’s winter recreational property market is expected to see price gains in 2024

Activity in Canada’s winter recreational home market has cooled from pandemic-era highs with fewer buyers putting pen to paper and inventory levels rising modestly, amid concerns over rising interest rates and the higher cost of living. 

Get ready for two magical weekends filled with the spirit of the season! From workshops, performances, festive activities, and local eats, Downtown Belleville is your destination for holiday joy!

Saturday, December 9th from 10am-2pm, enjoy the scenic walk with holiday music, a live performance from Derek Morris, a holiday photo shoot, games, complimentary hot beverages, snacks, and a chance to win prizes.