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Cautious optimism greets P.E.I.'s new rent-to-own home program - Vimarsana News

Cautious optimism greets P.E.I.'s new rent-to-own home program

A housing advocate is among those saying that P.E.I.'s new rent-to-own program will help Islanders, but he feels home ownership shouldn't be the only way to access housing.

Source: cbc.ca
Here's what a starter home looks like on P.E.I. — and why it's so hard to get one - Vimarsana News

Here's what a starter home looks like on P.E.I. — and why it's so hard to get one

As average home prices outpace household earnings, becoming a first-timer buyer on Prince Edward Island is much harder than it once was.

Source: cbc.ca
Home prices on P.E.I. back on the rise after 6-month dip in 2022 - Vimarsana News

Home prices on P.E.I. back on the rise after 6-month dip in 2022

After falling in the second half of 2022, house prices on P.E.I. have rebounded back to where they were last summer.

Source: cbc.ca
Worth the risk? How Fiona fuelled fears around waterfront development on P.E.I. - Vimarsana News

Worth the risk? How Fiona fuelled fears around waterfront development on P.E.I.

In the year since Fiona struck the Island, UPEI's School of Climate Change and Adaptation has seen a big jump in inquiries from waterfront property owners as well as potential buyers wondering about the risk level — and what they can do to lower it.  

Source: cbc.ca
How a ban on foreign homebuyers could hurt immigrant retention on P.E.I. - Vimarsana News

How a ban on foreign homebuyers could hurt immigrant retention on P.E.I.

As of Jan. 1, new federal rules stop most non-Canadians from buying for next 2 years