05/16/2026
The market has stabilized! Here’s what you need to know before you sign:
📈 Current Trends
• Balance is back: More inventory means less “bidding war” stress.
• Steady Growth: Family homes are up ~1.3%—stability over speculation.
• Seasonality: The Spring market is peak; expect more choices right now!
🤝 Offer Strategies
• Keep Conditions: Inspection and financing clauses are standard again. Don’t skip them!
• Negotiate: If a house sits for 14+ days, there’s room to talk price.
• Flex on Dates: A closing date that fits the seller’s move can be more valuable than a higher price.
💸 Hidden Costs
• Land Transfer Tax: Budget ~$9,700 for an average home (minus the $4k rebate for first-timers).
• Tax Hikes: Ottawa property taxes rose ~3.75% this year.
• Utility Buffers: Budget an extra 5% for water and heating vs. last year.
Pro Tip: A $600 home inspection is the best $15,000 you’ll ever save. 🛡️
📲 Questions? DM me!