Originally Posted by SchnookoLoly
This whole thing made me smile.
Is the real estate market in Ottawa as ridiculous as Toronto? It will be interesting to see if any of the hotness from Toronto migrates towards Ottawa as Ottawa (and region) was not included in the new foreign buyers tax rules announced by the government yesterday... watch this space!
Glad you had a great trip!
No, nowhere near as hot. Properly priced properties sell quickly and overpriced or poorly maintained properties stick. Owners do seem to have an inflated view of the value of their properties though. They seem to price them as though they were 'perfect' when in fact they need new roof, new windows, new furnace, a couple of foundation cracks etc. We are shocked at how poorly maintained in general the fabric of the house is.
Hey ho. Next time.....
PS enjoying the GBP boost in FOREX though. Will be hitting transferwise in the next few days