The City of Ottawa has recently implemented a Vacant Unit Tax (VUT), which requires homeowners to declare their occupancy status for 2022 by March 16, 2023. This new tax is meant to encourage owners of vacant rental units to make them available for rent to help alleviate the housing crisis ...
Continue ReadingThe winning community that saw the largest price increase over the 2022 year was… 1. Carp at 14.6% 2. Carleton Place / Perth 13.8 % 3. Rockland / Casselman 12.1% 4. Almonte 9.1% Tied for 5th place at 7.5% Kemptville Winchester Orleans 6.Westport 7.3% 7.Kanata / Barrhaven 6.4% Another tie ...
Continue ReadingPRICES: Residential Prices ⬇️ 7% from last year Condominium Prices ⬆️9 % from last year SUPPLY is ⬆️ 699 new listings came to market this past month. We usually see around 662 in December. DEMAND is ⬇️ 601 properties sold over the last month. Typically we see 775 in December. ...
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