Month: April 2023

April 2023 – Ottawa Real Estate Market Update

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Welcome to the April 2023 Ottawa Real Estate Market Update, where we unpack recent trends. Amid a 40% dip in transactions from last year, cautious buyers are observing disruptions in interest rates. Both freehold and condo prices have gradually declined, hinting at a controlled market adjustment. Signs of stabilization and growing demand indicate a future of rising prices, making this an opportune moment for both first-time buyers and investors. Discover the evolving landscape and potential opportunities ahead.

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