Rent Myths Busted: The Real Quinte Story
Demand didn't collapse and here's why
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.
The Shocking New Population Numbers
Canada’s population growth just hit a 100-year low. The ripple effects are already hitting Belleville, Quinte West, and Prince Edward County. With Loyalist College demand cooling and fewer GTA buyers arriving, rental inventory is climbing and prices are shifting. Here is what buyers, tenants, and investors need to know right now.
The supply story Canada's rental market wasn't telling us
CMP Magazine
Recent data revisions from Statistics Canada have upended the narrative that fading population growth brought down rental prices. In reality, Canada added over 301,000 more residents than previously recorded due to a recount of temporary permit holders, proving that demand remained steady. The real driver behind softening rents and multi-year high vacancy rates is a surge in newly completed apartment construction. However, with rising build costs and falling rents threatening future project starts, this temporary boost in tenant choice could easily trigger another inventory squeeze by 2028.
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!
October TGIF Dinner!
Harvest Festival at Grills Orchards
Grills Orchards hosts its annual Harvest Festival every Saturday and Sunday through September and October from 10 am to 4 pm. Visitors can take part in a variety of seasonal fall activities, including apple picking, visiting the pumpkin patch, exploring the corn maze, going on hayrides, trying fresh-baked goods, and spending time in the play area.
Why Move to Prince Edward County?
Known for its vineyards, beaches, and artistic charm, Prince Edward County offers a lifestyle unlike anywhere else in Ontario. From the lively boutiques of Picton to the tranquil waterfront home of Wellington and Bloomfield, the County attracts those looking for space, character, and community. With Sandbanks Provincial Park drawing visitors from across Canada, PEC has grown into a year-round destination for both full-time residents and seasonal homeowners. With its award-winning restaurants, strong arts scene, and reputable schools, PEC offers both charm and opportunity.
Trust Kehoe Real Estate Group to help you navigate the County’s evolving market with insight, integrity, and proven results.
