Rate Cuts Begin Again — Will It Boost the Housing Market?
Buyer Relief, Rising Sales & More!
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.
First Rate Cut in Months: Will It Boost the Market?
The Bank of Canada has announced its first interest rate cut in months. This move could impact mortgage rates and overall affordability. But the bigger question is how buyers and sellers will respond in the housing market.
Affordability edges up for Canadian homebuyers as rates and prices ease
CMP Magazine
Canadian homebuyers saw a rare break in July as affordability improved in 12 of 13 major markets, according to Ratehub.ca.
Falling home prices and lower mortgage rates drove the shift, creating a short-lived opening for buyers. After years of surging costs and tightening credit, this brief relief offers a welcome change.
Canada's home sales rise nearly 2% for best August in four years: CREA
Financial Post
Canadian home sales hit their strongest August in four years, with transactions up 1.1% from July. The month marked five straight months of gains in what’s usually a slower period for real estate. CREA reported 40,257 properties sold nationwide, a 1.9% increase year-over-year.
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!
Books and Brews @ Meyers Creek Brewing
Porchfest Belleville
Rotary Club of Belleville presents the 15th annual Porchfest Belleville on Saturday, September 27, 2025. This free, family-oriented event begins with an opening ceremony at 12:45 pm at Glanmore National Historic Site, followed by live music from 1–4 pm at venues throughout the community.
Bay of Quinte & Prince Edward County Real Estate Blog
