Bank of Canada Holds Rate for Third Time in a Row
Today, December 6th, the Bank of Canada has kept its target for the overnight rate at 5% for the third time in a row. This means the prime lending rate will remain at 7.2% heading into 2024. Earlier this year, interest rates increased three times due to stronger-than-expected economic growth. The Bank’s efforts seem to…
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BOC holds rate again!
The Bank of Canada held their key rate again yesterday. Marking the second rate hold over the last 2 announcements. Great news for mortgage holders and home shoppers! Next announcement is set for December 7th of this year.
Complimentary Fall Exterior Photos!!! Get in touch today
Are you considering listing your home for sale in 2024? Fall photos are a great way to show off landscaping and gorgeous colors before things get very vanilla in a few months! Just reach out for your complimentary Fall Photo Shoot. Either send me an email, text or give me a call or you can…
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SAVE THE DATE – FREE CLIENT APPRECIATION PHOTO SHOOT
Have any friends, family, pets, or colleagues you’d like some photos with?!? I’m teaming up with Sarah Lethbridge Photography on August 13th to do a CLIENT APPRECIATION PHOTO EVENT between 10 am and Noon at Greens Creek Sliding Hill and Conservation Area (1046 St Joseph Blvd, Ottawa, ON). Just off the Montreal Rd exit in Beacon Hill –…
DetailsOttawa Real Estate is Steady as She Goes
June numbers are VERY SIMILAR to April and May after significant gains between December and March… Likely due to recent interest rate announcements
March numbers are in – Ottawa is a BALANCED MARKET!
Numbers are up slightly from February (good sign for Sellers!) but still down significantly from March 2022 (good sign for Buyers!). Welcome to a BALANCED MARKET in Ottawa!
Prices up from January in Ottawa
Prices are on the rise but are still WAAAAAY off the peak from 2022. If you’re considering a move, now would be a great time to call!
Ottawa Real Estate January 2023
Things were slow last month but prices are up from December 2022 – still lots of opportunities for buyers though and some homes are selling in multiple offer… We seem to be settling into a balanced market…
Resale Market Continues to Stabilize as Buyers Remain Watchful
Members of the Ottawa Real Estate Board sold 1,080 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,601 in September 2021, a decrease of 33%. September’s sales included 816 in the residential-property class, down 34% from a year ago, and 264 in the condominium-property category, a decrease of 27% from…
DetailsBuyer Uncertainty Slows Down August Sales in Ottawa Real Estate
Members of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a…
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