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Busy spring market continues in June

Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board's Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June sales is 1,664.

Interest Rates Remain Status Quo

But for how long? With today's Bank of Canada rate announcement, there was also an indication our economy is stronger than the Bank projected. But weak inflation continues to signify that rates aren't ready to move. Yet. In contrast, last week

Canada’s mortgage changes will impact buyers

Some big changes recently came into effect for the Canadian mortgage industry. In a move by the Government of Canada to strengthen and protect the Canadian housing market, changes went into effect on October 15, 2008 regarding how buyers qualify for mortgage

Cooling Canadian market vastly different from the US

There’s been a shift in Canada’s real estate market, but the good news is we’re still a long way from that of our American neighbours. MLS® statistics released recently by The Canadian Real Estate Association (CREA) point to a moderating