Life after lockdowns, in combination with a series of aggressive interest rate hikes, is causing quick shifts in Ottawa’s real estate market. It’s in tumultuous times like these that Ottawa home buyers and sellers know they can trust a professional REALTOR® to assist them with their purchase or sale. The Ottawa Real Estate Board, known as OREB, is an association of approximately 3,900 regist ...

Things are changing in Canada’s real estate landscape.  After a scorching year for real estate in 2021—a time when home prices smashed records and sales volume rose above the norm—there appears to be a slowdown in the marketplace.   According to the latest numbers from the Canadian Real Estate Association (CREA), home sales recorded over Canadian MLS® Systems dropped 5.6% between May and Ju ...

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I just sold this Row / Townhouse at 786 Cap Diamant Way, Ottawa, ON Cumberland.

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Residential Resale Slowdown Begins A Shift Towards BalanceMembers of the Ottawa Real Estate Board sold 1,110 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,718 in July 2021, a decrease of 35 per cent. July’s sales included 840 in the residential-property class, down 36 per cent from a year ago, and 270 in the condominium-property category, ...