After nearly four decades of guiding clients through the changing landscapes of Prince Edward County real estate, I’ve seen how resilience shapes our housing market. Recent trends across Canada—improving resales, stable inventory, and prices finding their footing—suggest a cautious optimism as we look ahead. Many buyers who pressed pause are now better positioned, with stronger savings and steady jobs giving them renewed confidence.

For 2026, national forecasts expect resales to dip by about 4% to roughly 453,000, and benchmark prices to ease by around 2% to $794,000. Then, in 2027, modest gains are anticipated as both resales and prices are projected to rise in every province, though recovery may feel more gradual than dramatic. With borrowing costs hovering near lows and interest rates likely holding steady, it’s the broader economic risks—like trade tensions and energy shocks—that remain on my radar.

As always, I’m focused on what these national patterns mean for our unique County community. My commitment is to help you navigate opportunities and challenges alike, with the direct, personal service I’ve offered since 1987.

CMHC expects housing conditions to improve gradually in 2027 as incomes and economic growth strengthen.
Sales should recover, but CMHC expects activity to remain below the typical levels seen during the previous decade.
CREA forecasts only modest national price growth, suggesting stabilization rather than another major price surge.
Higher inventory and weaker demand in some markets could continue giving buyers more negotiating room.

The Bank of Canada has chosen to hold its key rate steady at 2.25%. This decision comes as the country’s economic recovery continues, but with a close eye on rising inflation risks. In the second quarter, Canada’s GDP grew by 3.3%, and July saw unemployment dip to 6.4%. The next rate review is set for October 28, 2026, when the Bank will reassess both inflation and economic momentum.

For those of us who live and work right here in Prince Edward County, these numbers are more than just national headlines—they shape real opportunities and decisions in our local real estate market. Four decades of working with buyers, sellers, and business owners have shown me how these economic shifts can influence the right time to make a move or invest in our community. As always, my approach is grounded in local knowledge and honest, direct service—helping you make sense of broader trends in the context of the County’s unique lifestyle and market.

After nearly four decades helping clients find their place in Prince Edward County, I've seen what makes a home stand out—and what fades into the background. If you're preparing to sell and want buyers to remember your property among a sea of listings, it pays to focus on what sets your home apart. Highlight a feature that's truly memorable and weave it into the story we share—sometimes it's a sun-filled porch, sometimes it's a backyard perfect for summer gatherings. Be careful not to over-renovate; before investing in upgrades, let's consider what buyers here actually want and value. When I craft a listing, I turn features into real-life benefits—it's not just a 'large backyard,' it's a place for family barbecues and laughter. A well-timed launch and open house schedule can create genuine excitement, without resorting to artificial pressure. And never underestimate the pull of the County itself: walkable villages, top-notch schools, scenic parks, and those unbeatable views. Often, the neighbourhood is as much a selling point as the home. With my local experience, you can be sure your property’s story will truly resonate.

Labour Day in Canada marks a well-earned break celebrating workers and the unofficial end of summer, when everyone suddenly remembers all the things they meant to do in August.
It’s the last big excuse for barbecues, lake trips, and squeezing in one more summer adventure before routines and school schedules take over again.
Stores and sidewalks feel a little calmer, while patios and parks get their final big rush of summer energy and “just one more weekend” vibes.
Happy Labour Day! Wishing you a relaxed, fun-filled long weekend with good food, no alarms, and maximum enjoyment before fall shows up uninvited.