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Ottawa Home Sales Hold Steady as New Listings Ease in July

Market Overview Ottawa’s housing market held up better than usual as the spring market gave way to summer. Sales in July were virtually unchanged from a year earlier, while new listings edged lower, improving the balance between incoming supply and sales compared with June. July marked the second time in three months that new listings

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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