Today, the Bank of Canada announced a 0.25% reduction in its benchmark interest rate, bringing it down to 3.0%. This decision primarily affects variable-rate mortgages, offering potential relief to current and prospective homeowners. This rate cut is timely, as it is expected to stimulate increased activity in the housing market. Lower borrowing costs can encourage […]
This year will be an interesting one for the Stittsville Real Estate market. It will be shaped by local and national factors. With a potential federal election as early as April, a shift in government could lead to policy changes, including cost-cutting measures that might impact federal jobs and the housing market. On a positive […]
Key factors and predictions for Ottawa’s housing market This year is set to be a pivotal year for Ottawa’s real estate market, influenced by local and national factors. With a federal election on the horizon as early as April, a shift to a Conservative government could bring policy changes, including potentially cost cutting in our […]
The new year always brings questions, and when it comes to Ottawa real estate, 2025 feels especially uncertain. Between politics, economics, and global events, there’s a lot in play that could shape the market. I’ve put together a video with my predictions, but here’s a quick overview of what I’m keeping an eye on this […]
We just did the draw for our $5,000 Travel Voucher Giveaway, and one lucky client is about to start packing their bags! 🧳✈️ Check out the video to see who won this incredible prize. 👀 To all of our amazing clients and everyone who referred us to business this year, thank you from the bottom […]
Hey everyone, Chris here with a quick update on the Ottawa real estate market! The past few weeks have been eventful, with interest rates dropping, including a significant half-point cut by the Bank of Canada. This shift is already impacting the market—buyers are coming back, multiple offers are returning, and momentum is building. Here’s what […]
Here’s the latest update in our Suburban Statistics Series, featuring insights on the five largest urban neighborhoods in Ottawa. With Ottawa’s spread-out layout, it’s always fascinating to see how each area’s market trends vary. These stats compare MLS OREB sales from January 1 to October 31, 2023, with the same period in 2024.
We’ve got some positive news to share! The Bank of Canada has reduced its main lending rate by half a percentage point, bringing it down to 3.75%. This marks the fourth consecutive rate cut, and there’s a chance we might see another reduction in December. What Does This Mean for Buyers? If you’ve been waiting […]
Ever wonder what a HHT (House Hunting Trip) looks like? Every year we help dozens of families relocate into ottawa on their house hunting trips. With only five days to spend in a new city looking for a house it is very intense! We had so much fun documenting our most recent experience. Day One: […]
As we move into the fall season, Ottawa’s suburban real estate market remains surprisingly stable, even amidst economic uncertainty. High interest rates and inflation have not significantly impacted the prices of two-story, double-car garage homes in key suburban areas like Stittsville, Kanata, Barrhaven, Riverside South, and Orleans. For example, Stittsville leads the pack with an […]
