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2024 is set to be a rebound for Ottawa’s Real Estate Market
Real Estate Market Updates: High rates leading to amazing opportunities
The Canadian Real Estate Tango: Interest Rates, Rental Demand, and Market Timing
Unlocking Savings: Basic Tax Write-Offs for Real Estate Rental Properties in Canada
The Looming Crisis: Affordable Housing Shortages in Canada Demand Targeted Solutions
Mastering Ottawa's Real Estate Investment: BRRR Strategy & Financing Essentials
Entering Ottawa's Real Estate Market: An Investment Goldmine for First-Timers
Now is the Time for Canadian First-Time Home Buyers
The Canadian real estate market has witnessed dynamic shifts and evolving trends in recent years. For first-time home buyers, navigating this landscape may seem daunting, but the current conditions present a unique opportunity.
The Bank of Canada is More Worried than Usual about Debt
The Bank of Canada’s recent discussions regarding debt and increasing interest rates have sparked concerns about the future of the housing market and the financial well-being of Canadian households.
The Bank of Canada Increases Interest Rates Yet Again
On July 12, 2023, the Bank of Canada raised its target for the overnight rate by 0.25%, bringing it to 5.00%, making the cost of borrowing more expensive. The central bank has been steadily increasing interest rates as an effort to combat inflation. This increase marks the 10th rate hike since March 2022
The Importance of Staging a Home
Staging is a crucial aspect of real estate as it plays a significant role in presenting a property in the best possible light to potential buyers. It involves strategically arranging and decorating the interior of a home to enhance its appeal and create a welcoming atmosphere.
2023 Housing Market Trends and Forecast
Recent statistics released on May 15th by the Canadian Real Estate Association (CREA), a trade association that compiles and analyzes numerous factors affecting the real estate market in Canada, reveal national home sales jumped by double digits on a month-over-month basis in April 2023.
Renting vs. Buying: Making the Right Choice for You
Buying or renting a home is an important decision in anyone’s life. Each option has its advantages to consider.
Why the Bank of Canada is Increasing Interest Rates
On June 7th, the Bank of Canada (BoC) increased its benchmark interest rate by 0.25%, meaning most lenders’ prime rates will increase to 6.95%.
Addressing Housing Affordability: Shifting the Focus from Demand to Supply
Despite the significant supply issue in housing, our current focus remains on addressing demand. However, the key to achieving affordability lies in increasing the housing supply.