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Ottawa real estate blog


How can a cooling market affect you?

What are the effects of a slowing real estate market on buyers and sellers?

A large portion of Ontario's residential real estate market has been cooled by a number of reasons, including higher interest rates, increasing inflation, and rising cost of living.

Recent reports from financial institutions indicate that rising interest rates are increasing the stress test mortgage qualification rate. The stress test, a computation used by lenders to determine whether a buyer can qualify for a specific mortgage,...

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