Terry Cayen - Realtor

06/06/2026

🏡 Ottawa Housing Market Update: May 2026 🏡

Ottawa's housing market is holding steady! While we saw a nice seasonal boost in activity from April, sales are still trailing behind last year's spring pace.

The quick numbers:
📊 Sales up: 1,616 homes sold (up from April, but down 10.6% year-over-year).
💰 Prices stable: The average residential price hit $738,719 (up from April, flat compared to last May).
🔑 Market type: Balanced. Single-family homes are staying resilient, while townhomes and apartments are seeing slightly softer conditions.

The Takeaway: With inventory up, strategic pricing is key for sellers right now. Buyers still have great options, but economic uncertainty is keeping everyone moving cautiously into the summer.

Thinking of buying or selling in Ottawa? Let’s chat!

Call now to connect with business.

05/22/2026

What you can afford — and what feels comfortable — aren’t always the same.
A home may fit within your approval range, but the real question is: does it support your lifestyle after the purchase?
Consider:

• Will your monthly costs still feel manageable months from now?
• Does this leave room for savings, travel, and everyday flexibility?
• Are you choosing a home — or stretching into one?

The right decision isn’t just about buying power — it’s about living well after you move in.

👉 Connect with a Team Realty REALTOR® here:
https://buff.ly/F72eVwp⁠�

05/22/2026

05/21/2026

Once your offer to purchase has been accepted, your financing has been approved and a closing date has been set, you might breathe a sigh of relief. But there’s another important step before you take possession: preparing and transferring the title to your home.

Once your offer to purchase has been accepted, your financing has been approved and a closing date has been set, you might breathe a sigh of relief. But there’s another important step before you take possession: preparing and transferring the title to your home. When a real estate lawyer—or a no...

05/19/2026

Create a woodland or rain garden retreat with shade-loving plants for a peaceful forest ambiance.

Need some naturalistic landscaping ideas? Whether you're aiming to create a tranquil retreat or an eco-friendly oasis, the right landscaping design can help you connect with nature while elevating your outdoor living space. Fortunately, there are a ton of nature-inspired backyard designs out there t...

05/18/2026

From furniture pieces to plants to paint colors, here are a few staples of the eternally chic.

05/17/2026

If you’re watching new construction in Ontario, this funding could matter because lower development charges may help some projects move forward.

Ontario and the federal government are putting $8.8 billion toward housing-enabling infrastructure over 10 years, with municipalities expected to reduce development charges to qualify. That matters locally because development charges help pay for things like roads, water, and sewer systems, but they...

05/16/2026

New-build pricing has been tough for a lot of buyers, so removing HST on eligible Ontario homes could be a meaningful change.

Ontario buyers looking at new construction may want to pay close attention to this one. The federal and provincial governments say eligible new homes valued up to $1 million would have the full 13% HST removed, with partial relief available at higher price points. The measure is expected to apply to...

05/15/2026

Savvy homeowners pay attention to these hidden pitfalls long before putting up a “For Sale” sign. Knowing what hurts property resale value gives sellers a powerful edge and helps avoid costly surprises.

A home can look like a dream on paper and still scare off buyers the moment they step inside. Small quirks quickly turn into major deal-breakers when buyers compare multiple listings in a competitive market. Features that once felt trendy or personal can quietly slash your home’s resale value and ...

05/14/2026

It’s still important to watch the fine print, because eligibility, contract dates, construction timing, and final implementation all matter here.

Ontario’s official release is a much cleaner source to share on the proposed new-home HST rebate than a law firm or agent blog. The province says eligible buyers of new homes could receive up to the full 13% HST relief on homes valued up to $1 million, with the maximum rebate continuing for homes ...