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The Ottawa Real Estate Board has released their statistics for last month (November 2024) and what’s notable this month is that the statistics are showing a growing divergence between apartment (condo) units and single family homes.  Let’s look at Novembers […]

The Ottawa Real Estate Board has released the statistics for last month (October 2024), and we are  seeing some positive movement in the market. Consumer confidence appears to be strengthening, and another Bank of Canada interest rate cut is making […]

I have divided my Market Update this month into two segments because there was just too much to talk about in one post.  As I mentioned in my previous post, the Ottawa real estate market is stable, leaning towards a […]

The Ottawa Real Estate Board has released the statistics for last month (Sept 2024).  The overall market is stable but heading further into “buyer’s market” territory, while mortgage rates are coming down and the Federal government has made some big […]

The Trudeau government has just today announced new changes to the mortgage rules that are intended to make homes more affordable for Canadians and also incentivize new homebulding. They introduced two significant changes: Increasing the cap for insured mortgages from […]

  Well the August numbers are in from the Ottawa Real Estate Board and in general the news is mostly good – prices are flat from August 2023, but interest rates are going down rapidly, and inventory is only slightly […]

The Ottawa Real Estate Board has released their statistics for July 2024. And the takeaway? The market is flat but a drop in interest rates is starting to bring affordability back for buyers which should result in more sales this […]

  There are a lot of great reasons to downsize: health,  family or the environment to name a few. But for many of the downsizers I talk to, one of their key concerns is – $$$ – money. After all, […]

The Ottawa Real Estate Board has released the statistics for June 2024 (find them here), and the news is that if you are looking at prices, the real estate market is really, really calm….  Maybe too calm? Prices are holding […]

A lot of people ask me why I choose to focus on downsizing.  And the answer is, I know how difficult it downsizing is, and how important it is to do it right, because I have been through the downsizing […]