The February 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: It looks like Spring may come early in Ottawa with an increase of 52% more transactions in February than in January. The rise in activity could be due to the announcement of upcoming interest rate increases pushing buyers to get into the market before the change. Other factors that could be lending a hand to the rise in transactions: easing of COVID restrictions, the opening of the economy, increased demand, increase in inventory.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!