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I hope you are enjoying the spring weather after a long and snowy winter! The spring real estate market is upon us here in Ottawa and things are getting interesting. Read on for more on what is happening and how […]

The Ottawa Real Estate Board have released their statistics for last month (January 2025) and it looks like 2025 is off to a strong start price wise as prices are up over 2024 all across the board. Let’s look at […]

The Ottawa Real Estate Board have released their final statistics for 2024 and we finally have the final verdict on how the Ottawa Real Estate Market performed over the past year. How The Ottawa Real Estate Market Performed in 2024 […]

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 […]