Ottawa Real Estate Market Conditions Fall of 2024
Wednesday Oct 9th, 2024
ShareThe Ottawa Housing Market is VERY Slow and 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 next spring 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 June to a five year Mortgage Then SELL (list) by April... [read more]