Ottawa Real Estate Projections 2024

What if I told you the future is looking bright in the Ottawa real estate market? 

Would you agree or disagree? 

I'm Chelsea Hamre with the Hamre Team at RE/MAX Affiliates. 

It's here in Ottawa, and this morning we had our company's annual general meeting where we dove into some stats of what we're anticipating for the next few years in the Ottawa real estate market. 

And the good news is by this time next year, even a bit sooner, we're looking at Q3.

We're predicting overall mortgage interest rates to be lower than they are today. 

On the other hand, we also anticipate pricing to be higher than it is today by this point next year. 

Now, all these factors can absolutely change. I don't have a crystal ball. 

I can only make predictions based on stats that we have and our knowledge of the industry. 

But when it's the right time for you to make a change in your home ownership lifestyle, whether you're a first time homeowner or you're looking to change your current home ownership lifestyle, we will be ready for you no matter what the market circumstances are. 

We do this time and time again and we adapt for our clients, time and time again, no matter what the market circumstances and no matter what side of the homeownership part you're on, whether you're looking on the buy side, on the sell side, you're looking to upsize, downsize, buy for the first time, sell for the first time or invest. We know how to make your home goals happen, reach out to us when you're ready or even before you're ready, that way we can plan a great road map for you to meet those home goals. 

I'm Chelsea Hamre with the Hamre Team at RE/MAX Affiliates here in Ottawa. We know Ottawa. It's a great place to connect, but for you to also browse on our website, take care. We'll talk to you soon. 



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