Market Update

What's happening in the market right now

Is the market in a bubble? In this video we discuss how the bubble has deflated over the past year. This months OREB stats show large price drops in both the freehold and condo class real estate in Ottawa. This is a result of the past 12 months of steady interest rate increases. The good news is that this market drop appears to be stabilizing with some recent indicators that show the market has strengthened recently.

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