PEI Realtor Rebecca Raeburn, ABR SRS RENE ASP

PEI Realtor Rebecca Raeburn, ABR SRS RENE ASP Experience speaks for itself!

For all your home/business buying and selling needs, you can count on me to help you get the most value, to be professional, kind and reliable all at the same time while promising ALWAYS be available when you need me!!

Tonight’s PEI skies… and no that’s not fire!! It’s the sun setting… looks much more majestic in person!!
09/18/2026

Tonight’s PEI skies… and no that’s not fire!! It’s the sun setting… looks much more majestic in person!!

Whats The Scoop? The City of Charlottetown is reviewing a proposed new Zoning and Development Bylaw. Among the changes b...
09/15/2026

Whats The Scoop?

The City of Charlottetown is reviewing a proposed new Zoning and Development Bylaw. Among the changes being considered are more opportunities for accessory dwelling units, secondary suites and gentle forms of multi-unit housing.

You may hear people refer to “up to four units as of right,” but that does not mean every house or residential lot will automatically qualify for four units. The size and shape of the lot, available servicing, parking, building design and other requirements would still need to be considered. Some properties may support fewer units, while others may not be suitable at all.

The bylaw is still under review and has not been adopted. Even so, it is worth following because changes like these could eventually create more options for extended family, rental income or future property plans.

It is also a good reminder that “potential” is a starting point, not a guarantee. The details of the individual property will always matter.

This reflects my personal and professional opinion based on the information available today. The proposed changes have not been adopted, and all development possibilities should be confirmed directly with the City of Charlottetown and the appropriate qualified professionals.

Learn more: https://www.charlottetownhall.ca/zoning-and-development-bylaw-review

Two different actions taken, both equally exciting! Happy Monday!!
09/07/2026

Two different actions taken, both equally exciting! Happy Monday!!

Too funny! This little cutie decides to photobomb during a photo shoot for my new listing coming up!! Haha Never a dull ...
09/03/2026

Too funny! This little cutie decides to photobomb during a photo shoot for my new listing coming up!! Haha Never a dull moment!

08/31/2026

Monday Market Reality for PEI Sellers

The PEI real estate market is moving, but not every listing is moving with it.
This month, approximately 458 new listings have entered the market, while 245 properties have sold and another 147 have become conditional. (Numbers need to be verified if deemed important)

This tells us buyers are still buying. The market hasn’t stopped. However, with almost two new listings arriving for every property sold, buyers have more choices and sellers are facing more competition for their attention.
There have also notably been 374 price changes this month. That number shows how many sellers are reassessing where their properties sit in the market.

So, what should sellers be doing right now?

Sellers need to ensure their asking price is supported by what buyers are actually choosing, not simply by what similar homes are asking. If your listing isn’t receiving showings, the market may be telling us that buyers aren’t finding enough reason to choose it over the alternatives. If you’re receiving showings but no offers, buyers may like the property but feel the price doesn’t align with its condition, location or competition.

It’s important to pay attention and respond with purpose. Sometimes the answer is presentation, new marketing or correcting something buyers are questioning. But most times it’s a meaningful price adjustment that places the home in front of a different group of buyers. For sellers who truly need to move, waiting without making a change can allow newer or better-positioned listings to move ahead. For those who have flexibility, patience may still be an option, but it should be a conscious decision based on their timing and goals.

I also truly understand why many sellers (and their trusted realtors) may be feeling discouraged right now, especially if selling means adjusting the price they once hoped to receive. But many sellers will also become buyers, and the same market creating pressure on their sale may give them more choice, negotiating room and better terms when purchasing their next home. What they may feel they are giving up on one side of the move can often be balanced by opportunities on the other.

Homes are selling on PEI. The ones finding buyers are giving them a clear reason to choose them.

Grotto is Prince Edward Island’s first and only full-service floating restaurant, located on the water! Great afternoon ...
08/25/2026

Grotto is Prince Edward Island’s first and only full-service floating restaurant, located on the water! Great afternoon to leave the stresses of the day and enjoy the calm of the water, the views and most importantly, the company! 💕

It’s not about the big things in life, it’s the little moments that often mean the most! This is what I woke up to, coff...
08/24/2026

It’s not about the big things in life, it’s the little moments that often mean the most! This is what I woke up to, coffee in bed then come out to have my breakfast set out ready for me after he’d already left! 💕

July’s Four-Number PEI Market Explanation181 sales | −19.2% year over year | 1,373 active listings | 7.6 months of inven...
08/18/2026

July’s Four-Number PEI Market Explanation
181 sales | −19.2% year over year | 1,373 active listings | 7.6 months of inventory. Four numbers, and together, they tell an important story about today’s PEI real estate market.

Fewer homes sold in July than during the same month last year. At the same time, active inventory increased, giving buyers more properties to compare and more time to think carefully about their decisions.

Does this mean PEI prices are collapsing? No. The benchmark price was still 2.4% higher than it was in July 2025. What it does mean is that buyers have more choice, and sellers have more competition.

For buyers, this may create opportunities to compare properties more carefully and negotiate thoughtfully, but a well-priced home can still attract attention.

For sellers, pricing, presentation and patience matter more than they did when buyers had fewer alternatives. Being on the market is no longer enough; your property needs to make sense beside everything else a buyer can choose from.

The market isn’t delivering one simple answer across every PEI community or property type. This is why I look beyond the headline numbers and consider what’s happening around the individual home. That’s where the real story, and better real estate guidance, begins.

Every property and situation is different.

*This reflects my personal and professional opinion based on the information available.

I’d like to introduce the first jalapeño from our garden. Yes, that’s a teaspoon beside it for scale, and no, I’m not ac...
08/16/2026

I’d like to introduce the first jalapeño from our garden.

Yes, that’s a teaspoon beside it for scale, and no, I’m not accepting comments about its size at this time 🤣

We planted it, watched it grow and waited patiently for the day we could finally pick it. I may not be making a full batch of salsa with this harvest, but I’m still ridiculously proud of it.

Small? Absolutely.
Mighty? I’ll find out!
Ours? That’s the best part!

08/12/2026

Knowledge is Power!

Tomorrow at NOON is the next IRAC application deadline, and for some out-of-province buyers, missing it could affect the timing of their purchase.

Under the existing Lands Protection Act, a non-resident or corporation may require IRAC approval when their total PEI holdings would exceed five acres or 165 feet of shoreline. This can be especially important when purchasing waterfront, acreage, farmland or multiple parcels. Complete applications received by noon tomorrow, August 13, are anticipated to receive notification by September 11. The next submission deadline is August 26, with anticipated notification by September 18. Timelines can change, and more complex applications may take longer.

There has also been some confusion surrounding PEI’s recently announced rules for non-residents purchasing multiple municipal properties. IRAC has confirmed that those amendments are not yet in force, so the existing requirements continue to apply. This is why it’s so important to identify a potential approval requirement before finalizing offer conditions and closing dates. A little planning at the beginning can help prevent unexpected delays later.

Every buyer’s circumstances are different, so always confirm the requirements directly with IRAC and your PEI lawyer through your trusted real estate partner.

Learn more from IRAC

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268 Grafton Street
Charlottetown, PE
C1A1L7

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