OBLATE DEVELOPMENT COMING TO OTTAWA EAST

Well look at you, Ottawa.  Another major development has been approved for one of the downtown Ottawa’s old and upscale neighborhoods.   The lands surrounding St Paul’s university in old Ottawa East are scheduled for a slew of new residential homes and condos.  While...

OTTAWA MARKET IS ‘LOW RISK’ SAYS CMHC

Good Morning Ottawans! It’s been a while since my last update, so I figured it was time  Many people seem to be speculating as to what’s happening with real estate in Ottawa, so here’s a quick update. According to a recent report, CMHC (insurer of Canadian mortgages)...

IS OTTAWA’S CONDO MARKET PICKING UP AGAIN?

Happy September everyone! So I’ll just start by saying that even I’m surprised to find out that there has been an 18 per cent rise in condominium sales this past August  (hard to believe, I know.  And let’s be honest, for a while there many of you were wondering if...

BEST QUALITY OF LIFE IN OTTAWA?

Could Ottawa have one of the best qualities of life in the world? According to Numbeo’s 2015 ‘Mid-Year Quality of Life Index’, our great city ranked 3rd worldwide in overall quality of life. I knew we had it pretty good here, but this is quite a pleasant surprise  THE...

BANK OF CANADA INTEREST RATES – UPDATE OCT 2015

No news is good news for borrowers; interest rates remain at all-time lows.     According to the primary dealers of Canadian govt securities, most say they do not expect any increase until at least the 2nd half of 2016 or later (according to a recent article from Dow...