Forbes Global Properties Expands in Canada
Forbes has added Ottawa brokerage the Bennett Property Shop to its network.
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Forbes has added Ottawa brokerage the Bennett Property Shop to its network.
The scorching hot Ottawa real estate market has cooled, but home values here are holding.
Dozens of buyers at a development in the west Ottawa suburb of Stittsville say they not only won't get the condo they purchased, but they've also lost out on hundreds of thousands of dollars in equity, after the builder entered then emerged from bankruptcy proceedings.
While the latest data from the Canadian Real Estate Association shows that the average price of a home in Canada declined month-over-month, Canadians still spent more on home purchases in April 2022 than they did one year before. CTVNews.ca has gathered properties from across the country, listed at what is considered the average price of a home in their respective regions.
Real estate prices and the stratospheric sales that have dominated conversations and newscasts for the past two years are definitely slowing down.