Category Archives: Ottawa

Will higher interest rates bring house prices down?

I often do a blog post in response to a question posed on Twitter. Yesterday, @GeoffyPJohnston asked: “Over the longer term, will higher interest rates bring real estate down far enough to allow young couples to buy a first home?” … Continue reading

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Are Realtors Behind the Crazy High Prices? Short Answer: No.

A Twitter pal posted a tweet today blaming realtors for the hot real estate market in Ottawa, because most listings these days hold off on offers until a specified date.  So let me debunk that popular myth. There are a couple … Continue reading

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Ottawa’s hot housing market and COVID-19

Always nice to be interviewed by the CBC for an article about the Ottawa real estate market and thanks to Hallie Cotnam for reaching out! Glad my colleagues agree with me that with the extra-tight inventory and a smaller but … Continue reading

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Predictions for the post-COVID-19 housing market! #Ottawa

It is not easy to predict the future; it’s always a lot easier to predict the past. But here are my thoughts about what is going to happen to the Ottawa real estate market, post-COVID. I thought it was worth … Continue reading

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What’s happening with the Ottawa Real Estate Market? # COVID-19

I’m sure you are all wondering what impact COVID-19 is having on what was a super-heated real estate market. I have some buyers waiting it out, hoping for bargains. So far we haven’t seen that. Inventory is even tighter than … Continue reading

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How does LRT affect property values?

A Twitter pal asks: “How much do you think proximity to LRT stations will affect prices in the short and long terms?” Great question! The answer depends on the proximity of the property to the new station during and after … Continue reading

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Ask Peggy: “Are skyrocketing Ottawa housing prices expected to balance out or come down?”

Allan asks: “Are skyrocketing housing prices in Ottawa expected to balance out or come down? How long would it take for a trend like that to be felt?” To answer that question, it’s important to understand the reason behind the … Continue reading

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Why is the Ottawa real estate market so hot right now?

The Ottawa real estate market has always kind of marched to the beat of its own drummer. We are insulated from the highs and lows of markets like Toronto and Vancouver because of the steady presence of the public service, … Continue reading

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MosaiCanada!

Ottawa was just chosen by MoneySense as one of Canada’s best cities to live in, in fact we were ranked number one! MoneySense points out that “Ottawa is a safe and affordable city that hasn’t been caught up in the … Continue reading

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