Ottawa Real Estate Update Mar, 2022
Central Bank mortgage interest rate went up by 0.5%, hoping to control the real estate hot market.
This increase will not affect on the Spring market as current buyers have locked interest rate at least for three months.
iDeal Properties Realty
Feedback:
| February 2022 | February 2021 | # of Sale | # of Sale +/- | |
|---|---|---|---|---|
| Residential | $837,517 (+17%) | $715,826 | 1,095 | 7% |
| Condominium | $458,107 f(+16%) | 394,919 | 326 | -10% |
| Total Sale | 1,421 | -3% |
Central Bank mortgage interest rate went up by 0.5%, hoping to control the real estate hot market.
This increase will not affect on the Spring market as current buyers have locked interest rate at least for three months.
iDeal Properties Realty
1730 St. Laurent Blvd. Suite # 800
Ottawa, Ontario, K1G 5L1
613-366-1713
www.iDealPropertiesRealty.com
Email to: info@iDealPropertiesRealty.com
Feedback:
Monthly Reports
© 2016 iDeal Properties Realty & Brokerage. All rights reserved