Tag Archives: housing market

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 season arrives amidst March snow banks

Ottawa Real Estate Board News Release – April 2015 Members of the Ottawa Real Estate Board sold 1,208 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,184 in March 2014, an increase of two per cent. The five-year average for March sales is 1,236. “Sales increased month over month, with […]