Ottawa Estate Sales

12/24/2025

Happy Christmas to everyone, and a super 2026 too! Feel free to get in touch if your plans for the new year involve a real estate purchase or sale. Even Ottawa winter weather won't stop us helping out!

09/17/2025

The Bank of Canada dropped the prime rate a quarter point to 2.5%. Good news for homebuyers! Let me know if this news nudges you "over the edge" to homeownership plans. I can help!

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07/30/2025

The Bank of Canada announced it did nothing today. Interest rates hold firm. Marvelous financial policy bound to influence the real estate market. Somehow.

03/13/2025

Another rate drop from the Bank of Canada! 2.75% prime is step in the right direction for buyers and housing affordability. Too bad it seems mostly to be a reaction to market uncertainty. Consumer confidence isn't at an all time high right now! Certainly that means an opportunity for the savvy buyer. Contact me for a list motivated estate sale sellers.

02/03/2025

Lowering interest rates make buying more affordable! Contact us for your free list of vacant Ottawa Estate Sale homes. Could be the bargain you're looking for! http://www.ottawaestatesales.ca/

12/11/2024

More good news on the mortgage front with the BOC dropping the prime rate 1/2 point to 3.25%. This is going to make for a busy spring market in Ottawa Real Estate! Prices are still stagnant though, so grab one while you can! Contact me for a list....

11/21/2024

Interesting to see the prices for Canada's big cities. Ottawa is still half price compared to Vancouver, with Toronto not far behind! Price trends are still downwards, despite lowering interest rates. A good time to buy!

The average salary needed to buy a home keeps inching down in cities across Canada, according to the latest data.

11/11/2024

Estate sales must be sold, and market trends may well be improving in favour of Sellers by spring 2025. So you should see some good deals!

Data shows 36% of listings in Ontario were cancelled in September, well above the historical average, according to economist Darren King.

10/23/2024

Great News!!!!

The Bank of Canada has announced a decrease in the overnight rate by 50 basis points to 3.75% and the bank prime rate will decrease to 5.95%.

Not a bad idea to check out the market while prices remain static, but affordability has increased!

09/06/2024

The Bank of Canada has dropped the prime lending rate to 4.25%. Good news for buyers looking to jump into the market! More affordable rates do often result in higher prices as demand increases though. Feel free to contact me for help with your homebuying plans before they do!

06/05/2024

Finally a break at the bank! Today's announcement of a drop in the prime rate to 4.75% will trigger rate drops at the major lenders. This should jump start the stagnant real estate market nation-wide. This may mark the juncture between currently lower housing prices combined with lowering interest rates where that "sweet spot" exists for buyers. Enjoy the ride!

04/10/2024

As expected, the Bank of Canada has announced that there will be no change to the overnight rate at 5.00%.

The rate hold today was expected by economists as the Bank of Canada wants to be completely certain in their inflation forecasts before cutting rates.

The next Bank of Canada announcement is on June 5th, 2024 and will hopefully mark the first decline in the rate, triggering some welcome relief for Canadian buyers!