Ottawa Housing Market during Late Spring and Summer 2024
Wednesday May 8th, 2024
ShareThe Ottawa Housing Market is picking up slowly but still not as good as 2 years ago Today Sellers are not getting what they want because of interest rates. On a property selling last year for $1m they would loose $100,000 in todays market. And $200k compared to 2022. By late summer the same property might get $1,100,000. Therefore one strategy is to buy soon with a 90-120 day closing. Closing with an open mortgage and switching next fall to a five year Mortgage Then SELL (list) by late... [read more]