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Learn about the PEI Real Estate Market

Uncategorized
Nicolle Morrison

Market Synopsis Nov/Dec 2025

PEI Real Estate Market Update (Late 2025): What It Means for Buyers and Sellers (Charlottetown • Summerside • Rural PEI) If you’ve been watching the PEI market and wondering “is it still a seller’s market?”—the short answer is: it has largely shifted into a more balanced market, with a slight lean toward buyers in certain

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Buying a Home
Ron Barrett

Bank of Canada’s Prime Rate Decrease: What It Means for PEI

What just happened—and why On October 29, 2025, the Bank of Canada cut its policy rate by 0.25% to 2.25%, citing a softer economy, easing inflation pressures, and a weaker job market. Canada’s big banks promptly trimmed their prime rate by 0.25 percentage points to about 4.45%, which feeds through to variable-rate loans and lines

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PEI Real Estate market
Nicolle Morrison

Why Prince Edward Island Could Be the Best Place You Ever Moved To

If you’ve ever dreamed of living in a place where the pace of life slows down, the ocean is never far away, and community truly matters, then Prince Edward Island might just be calling your name. PEI isn’t just a summer destination—it’s a year-round lifestyle filled with charm, opportunity, and beauty. Here’s why so many

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Buying a Home
Ron Barrett

Why Prince Edward Island is Canada’s Best Kept Real Estate Secret

For years, Prince Edward Island has been quietly building a reputation as one of the most attractive places in Canada to call home. With its stunning landscapes, welcoming communities, and affordable housing, the PEI real estate market is quickly becoming a hidden gem for buyers from across the country. If you’ve been considering a move

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PEI Real Estate market
Nicolle Morrison

The Current State of the PEI Real Estate Market

Prince Edward Island’s mid-2025 residential market has fundamentally shifted away from the pandemic years’ extreme seller’s market. Recent numbers show sales on the upswing—up more than 50 percent year-over-year in June—while inventory is climbing, as well. This coupled with heightened balance is pushing the market toward balance. For buyers and sellers, that balance tilts the

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What you need to know moving to PEI
Buying a Home
Ron Barrett

What You Need to Know About Moving to PEI from Another Province

Thinking of making Prince Edward Island your new home? Whether you’re relocating for work, lifestyle, retirement, or a fresh start, PEI offers a welcoming pace of life, strong sense of community, and beautiful natural surroundings. But before you make the move, here’s what you should know to help plan your transition smoothly. 1. Cost of

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Infographic showing real estate market trends on PEI
PEI Real Estate market
Nicolle Morrison

The Prince Edward Island Real Estate Market: What You Need to Know in May 2025

As we step into the heart of 2025, the real estate landscape in Prince Edward Island (PEI) continues to evolve. After several years of intense seller-driven activity, the market is beginning to show signs of stabilizing—offering new opportunities for both buyers and sellers. Whether you’re looking to purchase your first home, downsize, or list your

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Home Ownership
Ron Barrett

The Hidden Risk of Waterfront Living: Understanding Flooding and Erosion on Prince Edward Island

Waterfront living in Prince Edward Island offers undeniable beauty. Waking up to breathtaking views of the ocean, enjoying cool sea breezes, and having direct access to some of Canada’s most picturesque coastlines are just a few of the reasons people dream of owning coastal property here. However, as enchanting as waterfront living may be, it

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Buying a Home
Nicolle Morrison

Rural vs. Urban: Where Are Canadians Moving in 2025?

Why More Canadians Are Choosing the Countryside—And Why PEI Is Leading the Way Across Canada in 2025, a noticeable trend is taking shape: people are increasingly leaving large cities in favour of rural and small-town living. With affordability concerns, lifestyle shifts, and flexible work arrangements driving this migration, many Canadians are looking for more space,

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Home Ownership
Ron Barrett

What to Expect After Buying a Home

Welcome to Homeownership! Buying a home is an exciting milestone, but once the keys are in your hand, a new journey begins. The first few months come with emotions ranging from joy to occasional stress as you settle in, uncover new responsibilities, and adjust to your surroundings. The good news? You don’t have to navigate

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