Market Update

Budgeting for Inflation

Budgeting for Inflation – as written by Sean Rankin If you thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. Summer has seen inflation return to the forefront of consumers’ economic worries for the first time in decades. The inflation rate was 8.1% in June 2022, […]

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Ottawa’s May Residential Resales Underperform Expectations Members of the Ottawa Real Estate Board sold 1,846 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,285 in May 2021, a decrease of 19 per cent. May’s sales included 1,384 in the residential-property class, down 22 per cent from a year ago, and […]

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2020 Ottawa Market Outlook

With solid economic growth, the vibrant housing market, interprovincial migration from other cities, Canadians looking for a more affordable housing option, has helped the city’s population surpass the one-million mark. With the city reaching that milestone, we expect larger investment players to come into the Ottawa market. With the dust settled on the 2019 federal […]

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