Mary Akbari Realtor

Ottawa housing market: What's the latest?
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Ottawa housing market: What's the latest? In March, Ottawa Real Estate Board (OREB) reported a 17% decrease in home prices compared to the same time last year. However, there was a 0.2% increase in prices from the previous month. OREB President Ken Dekker believes that the market is stabilizing with affordable prices due to the current inte...

The importance of sound residential mortgage underwriting - osfi
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The importance of sound residential mortgage underwriting - osfi At the C.D. Howe Institute in Toronto, Ontario, OSFI Assistant Superintendent Tolga Yalkin spoke on April 13th, 2023 about the measures OSFI has taken to ensure sound residential mortgage underwriting and credit quality in times of high inflation, high interest rates, and high household indebtedness...

National home prices to stabilize in mid-2023 – CMHC
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National home prices to stabilize in mid-2023 – CMHC The Canadian housing market has seen a decline in prices over the last 12 months and is expected to recover this summer. However, CMHC predicts that prices will rise again from mid-2023 due to higher interest rates, a lack of housing supply and higher construction and borrowing costs. This is likely...

Canada's Housing Market Is Starting to Stabilize, Say Economists
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Canada's Housing Market Is Starting to Stabilize, Say Economists After a few years of ups and downs in the housing market, the start of the 2023 buying and selling season has brought greater stability according to economists. New listings are at 10-20 year lows in many cities, but mortgage rates are stable and likely to decrease in the near future, which may enco...

Home prices in Niagara-on-the-Lake stabilize as listings and sales increase over this time last year
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Home prices in Niagara-on-the-Lake stabilize as listings and sales increase over this time last year The Niagara Association of REALTORS (NAR) reported that in Niagara-on-the-Lake, the number of new home listings rose from 68 to 85 between March 2022 and 2023. Prices appeared to be stabilizing, with the MLS Home Price Index (HPI) composite benchmark price for the Niagara Region at $641,600 in March...

Down payment financing opens doors, but at what cost?
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Down payment financing opens doors, but at what cost? Ourboro is a new Ontario-based financing company that helps first-time home buyers in Toronto, Hamilton, London, Kitchener-Waterloo and Guelph come up with the cash for a down payment, in exchange for an unequal share of the home's appreciation in value. The company has already received over 800 app...

Canada's Luxury Home Sales Experienced a Boom in the First Quarter, Reports Mansion Global Daily
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Canada's Luxury Home Sales Experienced a Boom in the First Quarter, Reports Mansion Global Daily The real estate market is showing signs of recovery and growth in various parts of the world. In Canada, luxury home sales in the first quarter of 2023 boomed, with activity rising in nine out of 15 markets. In the UK, each listing agent was offering an average of 25 homes for sale in March 2023, up...

New on the Market

New Listing in Ottawa at 13 SHADY BRANCH TR

Want to know which homes you could buy with your current rent?
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Home Evaluation Estimate Which Home You Can Buy? Type your details and get a quick suggestions.

Douglas Todd: Five forces contorting Canadian home prices this spring
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Douglas Todd: Five forces contorting Canadian home prices this spring see other videos from our team . This article provides a brief description of the five forces contorting Canadian home prices this spring. It explains how mortgage rates, changing psychology, Canada's vulnerability, large volumes of investors, and migration policy are squeezing the country's housing...

Briones: How about a vacant unit tax for commercial properties, Ottawa?
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Briones: How about a vacant unit tax for commercial properties, Ottawa? empty for more than six months reported that the tax was the motivation they needed to find a tenant . With 24 Sussex Drive sitting empty for months and utility bills still soaring , I think it’s time for Ottawa to consider implementing a similar vacant unit tax for commercial properties . It woul...

Ottawa's housing market sales declined over past year
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Ottawa's housing market sales declined over past year The number of residential properties sold in the Capital has dropped by nearly 40 per cent over the last year, that's according to the Ottawa Real Estate Board (OREB). According to the Board's report, in February of this year, 855 residential properties were sold in the city, compared to the 1,411 s...

Find out if it's time to sell your home
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Home Evaluation Estimate How much is your home worth? Type your property address and get a quick home estimate.

How to find the perfect condo for sale in Ottawa
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How to find the perfect condo for sale in Ottawa When looking for a condo, it is important to take the time to consider the amenities that are important to you and to research the ones that are available. Many condos offer amenities such as swimming pools, gyms, concierge services, rooftop terraces, and community gardens. By researching the amenit...

How to Find the Ottawa Condo of Your Dreams
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How to Find the Ottawa Condo of Your Dreams Working with a realtor is a great way to learn more about the condo landscape, and you’ll need one to handle the complex paperwork of buying property, but you can still take an active role in searching for listings yourself. Whether you want a home with an incredible view within walking distance o...

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.
https://www.roomvu.com/estimates?branded-user=73414&share=true&c=2023-03-01

Home Evaluation Estimate How much is your home worth? Type your property address and get a quick home estimate.

PBO says Ottawa's 'costly' affordable housing will be $89 billion
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PBO says Ottawa's 'costly' affordable housing will be $89 billion "BuildForce Canada projects that these market challenges could persist through the forecast period due to strong residential construction markets and a growing inventory of current and proposed major projects that are not expected to wane until 2026," a report published on its website last year said...

Average Ottawa home price drops $130000 in one year
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Average Ottawa home price drops $130000 in one year New statistics from the Ottawa Real Estate Board shows the average sale price for a new home in Ottawa in February was $708,968, down 15 per cent from 2022. The average price of a new home in Ottawa was $837,517 in February 2022. The 15 per cent decrease in home prices in Ottawa last month was the l...

Valley real estate sales down by nearly 50 percent in January
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Valley real estate sales down by nearly 50 percent in January Active residential listings numbered 219 units on the market at the end of January, more than double the levels from a year earlier, jumping 133 per cent from the end of January 2022 The ringing in of the new year did not bring good news to the real estate market in the Ottawa Valley as the trend of...