Archives: July 2015

Bank of Canada Cuts Rates by 1/4 Point

Amanda M. Smith | Home Financing Advisor Scotiabank | Home Financing Solutions I hope everyone is having an amazing week! I wished to pass along the Bank of Canada’s news release today. The overnight rate was cut a quarter point today. As a result, Bank of Canada will be reducing the prime lending rate from […]

Busy spring market continues in June

Ottawa Real Estate Board – New Release July 2015 – Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June sales is 1,664. “The Ottawa market is performing […]