Kanata Real Estate Listings.com

How is Ottawa's resale housing market performing compared to the rest of the country?

Ottawa's resale housing market continues to perform well despite sales and prices dropping in other Canadian markets. While the national price average for detached bungalows dropped 4.8 per cent over 2008, in Ottawa the price actually increased by Read More...

The importance of reviewing a survey before signing any agreement

Here is an excellent article written by Bob Aaron of the Toronto Star! Is a real estate agent responsible for accurately advertising the lot size? What happens if he or she gets it wrong? Those were the questions facing clients of mine recently. Last Read More...

Canada's recession not predicted to last as long as previous ones.

Canada's central bank chief, Mark Carney, predicted that the recession of 2009 will not last as long as previous recessions. The Bank of Canada Governor forcasted a decline of 1.2 per cent in Canada's economy in 2009, followed by an increase of Read More...

Bank of Canada has lowered its target for overnight interest rate to 1 per cent

The Bank of Canada lowered the overnight lending rate by .5 per cent to 1.0 per cent which is a total decrease of 3.5 per cent since December 2007. It is expected that the rate will lower even further after the next Bank of Canada announcement in March. Read More...

The real estate market outlook for Ottawa for 2009.

The real estate market for Ottawa for 2009 is expected to be stable. Experts are predicting a balanced market which favours both buyers and sellers. In 2008, although there was a Canada-wide 15% reduction in home sales, the numbers in Ottawa showed only Read More...

Federal government dips toes into Kanata real estate market

By Bert Hill, The Ottawa Citizen The federal government is making the first move into Kanata with the lease of part of a former Mitel Networks building. Kelvin Holmes, managing director of Colliers International real estate, said yesterday the federal Read More...

Canadian Real Estate: No Signs of U.S. Style Meltdown

(by Yemisrach Kifle) The Canadian housing market maybe slowing, but it isn't facing a meltdown such as the one in the U.S., according to PricewaterhouseCoopers (PwC). Over the past several years, banks and regulators have kept a close eye on mortgage Read More...

Ottawa resale market balanced, prices still rising

Ottawa’s 2008 resale market: more balance, less booming Members of the Ottawa Real Estate Board sold 467 residential units in December, a decrease of 18.8 per cent over December 2007, when there were 575 sales. This brings the total number of residential Read More...

Sub-prime mortgages not responsible for world recession.

The world economy is going down the drain because of some repossessed, boarded up, unsellable homes in Cleveland. If you believe a lot of what you hear and read in the financial media that’s what you’d think, according Jeff Rubin, Chief Economist, Read More...