Ottawa Real Estate Market Update: August 2023
The Latest Ottawa Real Estate Statistics Ottawa Resale Market Stalls in August, Supply Challenges Persist The latest market update from the Ottawa Real Estate Board (OREB) for August 2023 reveals a marginal increase in sales activity compared to the previous year, however the market remains well bel
New Bank of Canada Announcement (September 6th 2023)
New Bank of Canada Announcement: Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada announced that it would maintain its overnight rate at 5%. This announcement also solidified the Bank Rate at 5¼% and the deposit rate at 5%. Furthermore, the central bank affi
Ottawa Real Estate Market Update: July 2023
The Latest Ottawa Real Estate Statistics Stabilized July Resale Market Showing Positive Price Gains The Ottawa Real Estate Board (OREB) recently released its market update for July 2023. Despite the two recent quarter-percent interest rate hikes by the Bank of Canada, the resale market in Ottawa see
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