Ottawa's real estate market is seeing good growth this summer according to recent Ottawa Real Estate Board's news release. The neighbourhoods South and West of Ottawa have seen the biggest amount of activity. Buyers tend to favour less expensive neighbourhoods of the City compared to the hot and more central neighbourhoods such as Westboro and New Edinburgh and the stretch along Carling up to the new DND Campus.
The benchmark price for single family homes rose to $428,800 in July which is an in...
Following announcements from Kathleen Wynne and the provincial government in the last weeks, the Toronto real estate market has already seen homes prices cooling since their highs in April of this year. Year over year home prices are still up more than 15% but some experts say this cooling of the market is only temporary and that the real estate market should pick up again in a few months.
This is a great opportunity for some buyers who were kept out of the market in Toronto's red-hot market. T...
