Mortgages and real estate in the Ottawa market show no signs of slowing as we head into the last few weeks of 2019.

Home prices across the country are slated to rise 3.2% in 2020 with Ottawa, Montreal, and Toronto taking the lead.

The Ottawa market continues to grow with home prices of residential properties exceeding $500,000, sales year-over-year are up over 10% as low inventory levels continue.

According to the new data released from the Ottawa Real Estate Board (OREB), the Ottawa real estate market saw another stellar month of sales in November.

Bank of Canada once again holds rates steady in announcement made Wednesday morning.

Variable Rates vs Fixed Rates

Investment properties- becoming a landlord and managing tenants Great info on this edition of Open House: The Real Estate and Mortgage Show on CFRA

Wondering what impact a low appraisal value may have on your new home purchase? Check out this edition of Open House: The Real Estate and Mortgage Show

According to new data released by the Canadian Real Estate Association (CREA), following over 6 months of steady increases, October home sales continued to remain steady.

Dora and Barb join host Steve Gregory discussing the highs and lows of the Ottawa market and everything in between on this edition of Open House: The Real Estate and Mortgage Show

According to the newest stats released from the Ottawa Real Estate Board (OREB), October saw 1,607 properties sold compared to 1,375 in October 2018 which is an increase of over 16%.

Thinking of getting into the hot Ottawa market? Upward trending sales and prices along with stable mortgage rates make this a worthwhile investment to consider.