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Recent bump in Ottawa's resale housing inventory 'artificial,' veteran realtor says - Vimarsana News

Recent bump in Ottawa's resale housing inventory 'artificial,' veteran realtor says

“Eventually, interest rates will go back down, and then people are going to (scramble) trying to buy everything up,” Paul Rushforth predicts, adding city could see “a mini version" of 2021's frenzy.

Source: obj.ca
Recent bump in Ottawa's resale housing inventory 'artificial,' veteran realtor says - Vimarsana News

Recent bump in Ottawa's resale housing inventory 'artificial,' veteran realtor says

“Eventually, interest rates will go back down, and then people are going to (scramble) trying to buy everything up,” Paul Rushforth predicts, adding city could see “a mini version" of 2021's frenzy.

Source: obj.ca
Ottawa bucks national unemployment trend; housing market continues to heat up - Vimarsana News

Ottawa bucks national unemployment trend; housing market continues to heat up

  OTTAWA -- The new job numbers for Canada are bleak, as Canada’s unemployment rate has risen to its highest level since the summer. The job losses last month were almost entirely concentrated in Ontario and Quebec — but the numbers in Ottawa are very different. "I never thought I would be 50-years-old starting my job search again," said Heather Donovan who has lost her job during the pandemic. After 12 years working in the library at CHEO, she is now on the job hunt. "I’ve sent out 22 resumes and job applications and in that time I haven't had any call back, no interest," said ...