Interest Rate Announcement Post

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Bank of Canada lowers its key interest rate again! Now sitting at 4.5%
 
Not expected to have a HUGE effect on the real estate market but will certainly help those on the verge of qualifying for a mortgage and will lead to some lower payments on lines of credit… Great news overall! 

Just purchased in no time!

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This client doesn’t kid around! When you have a one-week house-hunting trip planned it’s important to be practical and active – he is always both of those. Thanks for calling when it was time to move Carl!  

#ottawarealestate #ottawarealtor #ottawahomes #realestate #ottawabusiness #ottawarealestateagent #remax #Canada #ottawarealtors #ottawahomesforsale #realestateagent #realestateottawa

June 2024 – Fast Facts!

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Numbers are down slightly from both last month and last year in terms of price. Great news for buyers. Days on market is pretty much holding steady at apx one month for an average sale… This could be the calm before the storm if rates continue to decline…  #ottawarealestate #ottawarealtor #ottawahomesforsale #tomsapinskilovesottawa