Re/Max points to the mortgage stress test and rising interest rates as factors affecting the capital’s housing market this year and expects that influence to continue
Ottawa’s housing market had a strong start to the year, with a 5.5 per cent jump in the average home price compared with this time last year, according to the latest trends r
The number of Ottawa residences reselling for over $750,00 has increased significantly since 2009, according to a new report by residential real estate firm Re/Max.
Local home prices will continue to rise next year at the same modest pace as in 2012 as would-be buyers continue to be hampered by concerns about federal government layoffs and tightening mortgage
Ottawa's tight inventory across all asset classes remains a large challenge in the city's real estate market, according to a report published by Re/Max.