The 15 per cent decrease in home prices in Ottawa last month was the largest drop in monthly home prices over the last year.
"We’re going to see declines in transactions and prices when we compare current figures to last February — the height of the pandemic resale market activity," OREB president Ken Dekker said. The Ottawa Real Estate Board says despite the year-over-year decline in home prices, prices did increase 5 per cent over January.
So many people underwater.
can't wait to start buying some of them low and sit on it....Land is gold, always has been. cannot wait to enjoy another great investment
News flash mortgage payments the same
Needs to drop way more.
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