Two Things Will happen In The Ottawa Real Estate Market In 2022








And it just shows you how many buyers are out there. 




We were, we ravaged.
25 showings on our listings, per day, over all of our listings and probably, have about 15 listings at the moment. 




Ottawa is a federal city and there's a federal election going on here right now.


1. Interest rates will increase next year.
2. Home pricing will increase next year.
There are just simply not enough homes.

And when you look at what's going on, Minto just had that release.
They had 17 homes released at their Mahogany Village in Manotick and they had
400 applications for it.


So that just gives you a little bit of a measurement. 



So again, there are buyers out there.
Things are happening.
The pulse of the market in Ottawa is still very healthy and especially for a federal election happening right now.

We need more homes.



You'll never see interest rates that are 1.85 for set for five years.

It's a fabulous time to be a buyer.

I went back to the amount of inventory that's on the market inventory listings are down from this time in 2019 in August and from 2020 in August.
So listings there is a shortage of listings, not enough product on the market. 


We have some really neat stuff coming on this week and next, that'll appear before
Labour Day, weekend, and then right after.

So there's still lots of time to be a buyer and get settled, uh, in your home for Christmas. 




Lots of time to make a move this year and finish off, uh, and, and set up your holidays in a, in a home, in a different location, in a different lifestyle.


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