Category: Uncategorized

Bank of Canada comments offer light at the end of the tunnel for real estate

Canada’s real estate sector is breathing a sigh of relief, but it wasn’t so much the size of the Bank of Canada’s Jan. 25 rate hike as the language that came with it that was cause for optimism.  That’s because while the central bank boosted its benchmark overnight interest rate by 0.25 basis points to 4.5 per cent, it also signaled it would put the hiking cycle on pause — at least for now.  

Ottawa Real Estate Market Snapshot December 2022

The December 2022 Ottawa Real Estate Stats are out! Market Snapshot: As interest rates and inflation increase, buyers are retreating to the sidelines, taking a wait, and see approach. The seasonal slowdown for December’s resale market is in stark contrast to the active resale market that started the year off which has officially balanced the market.

Get your fireplace ready for winter

On the coldest winter days, nothing beats getting cozy next to a warm, crackling fireplace. Like any major appliance in your home, a fireplace – whether gas or wood-burning – needs seasonal maintenance to prepare it for frequent usage when outside temperatures drop.

Ottawa Real Estate Market Snapshot November 2022

The November 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Ottawa sales continued to slow in November, a reflection of what’s happening across the country. The post-pandemic economy as well as a natural cooling for the time of year have officially balanced the market.

Ottawa Real Estate Market Snapshot October 2022

The October 2022 Ottawa Real Estate Board stats are out! “After the volatility of the past two pandemic years, which was unsustainable, the market is correcting and adjusting. Demand is still high, and with increasing inventory available, Buyers have more choices and time to shop for their new home.” – Ottawa Real Estate Board President

Ottawa Real Estate Market Snapshot September 2022

The September 2022 Ottawa Real Estate Board stats are out! “We have seen an uptick in the number of new listings entering the market, which were not only higher than last month but also last year, and the five-year average. This trend continues to bring the resale market into more balance, which generally means more time for Buyers and Sellers to weigh their options and to adjust according to their needs,” – Ottawa Real Estate Board President

Your Fall Gardening Checklist

With the cooler fall weather upon us, it’s time to get outside and prepare your garden for the onset of a Canadian winter. Maybe you haven’t spent that much time in the garden over the past few weeks, with kids going back to school, or you have managed to get away and spend some time off at the cottage, but there are a lot of little tasks that need to be completed to get your garden ready for winter.