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Ottawa’s Housing Market Shows Early Signs of Transition as Winter Activity Remains Subdued

Market Overview Ottawa’s residential market continued its winter slowdown in February, with overall sales remaining well below the five-year average of 990 transactions for the month. The slowdown, however, is not uniform across segments, and the data tells a more nuanced story than the headline numbers suggest. Average condo apartment prices rose month over month

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OREB Responds to Federal GST Rebate for First-Time Home Buyers

Ottawa, ON – The Ottawa Real Estate Board (OREB) acknowledges that Bill C-4, the Making Life More Affordable for Canadians Act, has received Royal Assent, bringing into law key affordability measures, including a GST rebate for first-time home buyers. The measure removes GST on new homes up to $1 million for first-time buyers and reduces