Mary Akbari Realtor

05/07/2023

Ottawa housing market: What's the latest?
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In March, Ottawa Real Estate Board (OREB) reported a 17% decrease in home prices compared to the same time last year. However, there was a 0.2% increase in prices from the previous month. OREB President Ken Dekker believes that the market is stabilizing with affordable prices due to the current inte...

05/06/2023

The importance of sound residential mortgage underwriting - osfi
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At the C.D. Howe Institute in Toronto, Ontario, OSFI Assistant Superintendent Tolga Yalkin spoke on April 13th, 2023 about the measures OSFI has taken to ensure sound residential mortgage underwriting and credit quality in times of high inflation, high interest rates, and high household indebtedness...

05/05/2023

Greater Toronto Market Update

05/05/2023

National home prices to stabilize in mid-2023 – CMHC
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The Canadian housing market has seen a decline in prices over the last 12 months and is expected to recover this summer. However, CMHC predicts that prices will rise again from mid-2023 due to higher interest rates, a lack of housing supply and higher construction and borrowing costs. This is likely...

05/04/2023

First-Time Homebuyers and TFSA Funds

05/03/2023

Ottawa in Early-Spring: The Rental Report

05/02/2023

Canada's Housing Market Is Starting to Stabilize, Say Economists
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After a few years of ups and downs in the housing market, the start of the 2023 buying and selling season has brought greater stability according to economists. New listings are at 10-20 year lows in many cities, but mortgage rates are stable and likely to decrease in the near future, which may enco...

05/01/2023

Ottawa Market Update

04/30/2023

Home prices in Niagara-on-the-Lake stabilize as listings and sales increase over this time last year
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The Niagara Association of REALTORS (NAR) reported that in Niagara-on-the-Lake, the number of new home listings rose from 68 to 85 between March 2022 and 2023. Prices appeared to be stabilizing, with the MLS Home Price Index (HPI) composite benchmark price for the Niagara Region at $641,600 in March...

04/29/2023

Down payment financing opens doors, but at what cost?
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Ourboro is a new Ontario-based financing company that helps first-time home buyers in Toronto, Hamilton, London, Kitchener-Waterloo and Guelph come up with the cash for a down payment, in exchange for an unequal share of the home's appreciation in value. The company has already received over 800 app...

04/28/2023

Who’s the Target Audience for Rent-to-Own Homes?