From the blog...

Where is the spring market at?

There’s a lot of conversation right now about where the market is headed as we move into spring, and in this episode we unpack the key factors shaping real estate in Ottawa at the moment.

We look at how global and political conditions, including ongoing conflict in the Middle East, inflationary pressure, and Canada’s current majority government are influencing overall economic confidence. We also dive into interest rates, including recent movement in the five-year fixed, and what that means for buyers and sellers trying to plan their next move.

Another key topic is the recent HST change on new build homes under $1 million, and how that’s already impacting new construction activity across the city. With that surge in new build demand, we also explore the natural follow-up question: could this shift eventually affect resale inventory and pricing?

As always, we bring it back to what we’re actually seeing on the ground in Ottawa right now — increasing activity, more conversations with clients, and a market that’s starting to gain momentum as we move deeper into spring.

If you want a clearer picture of where things are heading and how all of these factors connect, this episode lays it out in a straightforward, practical way.