Federal Government Reveals Details of First-Time Home Buyer Incentive
June 21, 2019Canada’s Federal Government has revealed details of a new incentive it says will help make mortgage payments more affordable for first-time homebuyers, but some mortgage industry experts say the caps and restrictions on the program will limit how many buyers will be interested. The First-Time Home Buyer Incentive will start Sept. 2 and will be...
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Ottawa Resale House Prices up 6.4 %
June 6, 2019The numbers are in for Ottawa’s resale real estate market in May, and I’m happy to share good news on multiple fronts. Average selling prices were up by 6. 4 % from May of 2018 for residential homes, while condominium unit prices were up 5.8 %, the Ottawa Real Estate Board reports. As well,...
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Own an Investment Property? Know the Rules before You Rent
June 4, 2019It can be a great way to earn extra income, but if you’re considering purchasing an investment property in Ontario, it’s important to brush up on the provincial laws that you must follow before and after you sign that lease. Over my more than three decades as a Realtor in Ottawa, I’ve helped many clients...
