Category Archives: Ottawa Real Estate News

Second-Best April on record for Ottawa Resales

Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,567 in April 2015, an increase of 9.4 per cent. The five-year average for April sales is 1,568. “The Ottawa resale market continued its steady pace upwards in April, making it the best […]


March Resale Market Springs into Action

Members of the Ottawa Real Estate Board sold 1,166 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,200 in March 2015, a decrease of 2.8 per cent. The five-year average for March sales is 1,220. “We are definitely seeing a resale market increase from the previous month, with 256 more […]









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 […]