Why Housing Forecasts Just Dropped?

July 19, 2026

Rising Inventory & 2021 Prices


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 New 2026 Housing Outlook

The Canadian Real Estate Association just downgraded its 2026 housing forecast again—but the national headlines are missing the real story. While overall sales predictions dip, key local markets are quietly showing signs of life. Watch to find out what these major shifts mean for buyers and sellers heading into the second half of the year!

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Canadian Home Prices Fall As Sales Rise To Initial Crash Levels

Better Dwelling

The latest Canadian Real Estate Association (CREA) data shows the housing market remains locked in a holding pattern, with benchmark home prices experiencing their first monthly decline in five months. While June sales increased, the market is defined by an influx of supply, recording 97,640 new listings. With prices sitting below the March 2022 peak and matching early 2021 levels, this growing wall of inventory continues to give buyers more leverage and keep price growth in check.

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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!

Vortex | Art-Music-Wine Experience


ANDARA Gallery and musician Astrid Young have launched "VORTEX" in Bloomfield, running daily from 11 am to 5 pm until September 7. The exhibition pairs new paintings and photography with tracks from Young's latest album and wines from six local vineyards. Visitors can tap their phones against the artwork tags to stream the music, view digital art, and unlock curated wine-tasting notes.

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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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Botanica Art Show

ANDARA Gallery has launched "BOTANICA," a nature-inspired exhibition and fine art sale running daily from 11 am to 5 pm until September 7 at Sandbanks Estate Winery in Wellington. The show features vibrant, texture-rich digital art and encaustic paintings displayed throughout the winery's tasting rooms. All displayed work is available for purchase.

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Why Sellers & Buyers Trust Kehoe Real Estate Group

A Reputation Built on Relationships | Most of our business comes from repeat clients and referrals,  something we’re proud of. We treat every transaction like the start of a long-term relationship. From first-time buyers to seasoned investors, our clients know they can count on us year after year.

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July 5, 2026
The State of the 2026 Housing Market