In a further example that the urban core condo market is red hot, there will be a flurry of activity in the next week, with four condo projects set to launch.

Finance Minister Jim Flaherty announced Monday that new federal rules will reduce the maximum amortization period to 30 years from 35 years for government-backed insured mortgages with loan-to-value ratios of more than 80 per cent.

49th Annual House and Garden Tour

Tickets available at Prudential Town Centre Realty, Inc. 

Interest rates are still at an all-time low, so naturally you should be telling your landlord goodbye and saying hello to your dream home, right? 

Not so fast, says Trystan Andrews, sales representative with Prudential Town Centre Realty Inc.

From the greening of suburban communities to the ascent of the urban condo, the past decade has been one of restless change for Ottawa's new homes market. We talked to the experts about some of the major trends since 2000 and asked them to do a little crystal ball gazing about the next 10 years.

Maggie Knaus is running out of steam. For the past week, she and a dedicated team of parent volunteers have been unloading hundreds of books for next weekend's Rockcliffe Book Fair. They still have a long way to go.

Fewer than 3,800 resale homes available in sellers' market, and prices on rise

Our very own, Cindy Sezlik (Sales Representative) appeared with Justin Trudeau in the January 19th issue of MacLean's Magazine.

"Higher density construction will become the most sought-after dwelling type in Ottawa's new home market."

The city's resale housing market remains resilient even while sales and prices are dropping in other Canadian markets, according to a survey by a major real estate firm.

Many will choose to stay in their current home, while others look to adult lifestyle communities, vitality of urban condos.

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