Wrapping up the 2024 Real Estate Market 🏠

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. 

More than half of Canadians are feeling 'financially paralyzed,' RBC poll says

The stubbornly high cost of living has many Canadians feeling anxious, stuck, and struggling to make ends meet, according to a new poll released today by Royal Bank of Canada (RBC).

Canadian Real Estate Sellers Canceled 1 In 5 Listings Last Month: NBF

Canada is still in a deep winter freeze, but the market is shaping up for an interesting Spring. National Bank of Canada (NBF) found that real estate inventory proved more resilient than sales in December. That inventory might be even higher this Spring, as frustrated sellers cancel 1 in 5 listings without a sale.

500,000 fewer homes needed in Canada by 2035 as population set to decline: Oxford

Canada’s housing needs are projected to decrease by 500,000 homes by 2035, driven by a decline in population, according to new research from Oxford Economics. The revision to the country’s long-term housing supply needs reflects a 0.2% annual population decrease in each of the next two years, driven by recent changes in immigration policy introduced by the federal government.

The Belleville Theatre Guild Presents The Rock

The Rock, an original play by the late Deborah Jarvis, explores the fragility of family bonds during a turbulent whale-watching vacation. Directed by Jeremy Henson, this contemporary drama weaves humor and unexpected twists into a story of love, loyalty, and secrets set against the backdrop of the Atlantic’s unforgiving storms.

Balkan Folk Dance Lesson & Party at The Kafana

Experience the energy and excitement of Balkan culture at the upcoming Balkan Dance Party on February 1st. Enjoy a 30-minute dance lesson with renowned Macedonian dancer Joy Chorolovski, followed by an evening of dancing, delicious food, and great company—all with free entry and a vibrant atmosphere.