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 […]

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 […]

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 […]

Update: Less than 12 hours after this post was written, the Bank of Canada reduced interest rates by .25%. This is the first time in two years that rates have gone down. The interest rate change is probably too small […]

I hope everyone is enjoying the beautiful spring weather we are having these days. The Ottawa Real Estate Board has just released the latest Ottawa real estate market statistics for of April 2024. The results show that the Ottawa real […]