Setting an Asking Price in Ottawa’s Hot Market
March 12, 2022If you’ve been considering selling your home or condominium, the good news is that Ottawa’s resale market is in your favour. Though we can expect a surge in listings as the popular spring season approaches, our city continues to be a “Sellers’ Market”, with a shortage of available properties and a...
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Mortgage Pre-Approval can Protect You From Rising Rates
March 9, 2022If you are planning to search for a home in coming months, financial experts recommend approaching your bank or a mortgage broker to be pre-approved for a mortgage. Getting a pre-approval, with a letter from a lender telling you how much you can spend and setting out the rate you will...
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Ottawa House Prices up 17% in February
March 7, 2022The average sale price for a residential property in Ottawa in February was $837,517. up 17% over the same month in 2021, the Ottawa Real Estate Board has announced. The average sale price for a condominium-class property, meanwhile, was $466,682. That’s a 15% increase over the average in February of 2021. In...