Henga Nayeri's blog

The Bank of Canada has once again lowered its benchmark interest rate — this time by 0.25% to 2.25% — marking its fourth reduction this year. However, the Bank also signaled that this could be the final cut for now, suggesting that the easing cycle may be nearing its end.

Why the Rate Cut Happened

Governor Tiff Macklem explained that while inflation has stabilized around 2%, ongoing U.S. tariffs and trade tensionsare putting long-term pressure on Canada’s economic growth. These structural issues, he noted, can’t be solved by monetary policy alone — meaning lower rates may not be enough to...

 Weekend in Ottawa – Ideas from Henga 

If you’re not out house-hunting with me this weekend , here are a few ways to enjoy our beautiful city instead.

Whatever your plans are, enjoy your weekend and make the most of this amazing place we call home.

And if you happen to spot a “For Sale” sign that catches your eye — you know who to call  613-407-7040

As fall settles in, Canada’s housing market continues to show resilience and balance — but with clear differences across the country.

Ottawa, Montreal, and Edmonton posted modest price gains this September, while markets like Toronto, Vancouver, and Calgary saw small decreases as inventory levels adjusted and buyers became more selective.

According to the latest data from the Canadian Real Estate Association (CREA), Ottawa’s average home price rose to $627,200, up from $620,400 last year. Montreal and Edmonton also saw steady growth, reflecting strong local demand and relatively...

As the leaves begin to turn, Ottawa’s real estate market continues to show its trademark resilience. According to the Ottawa Real Estate Board (OREB), “September reinforced Ottawa’s resilience, with sales nearly 2.4% higher than last year, and prices holding steady despite more listings coming to market,” said OREB President Paul Czan.

Market Highlights

 Average Sale Price: $690,397 (up 0.7% from 2024)
 New Listings: 2,832 (up 19.3%)
 Active Listings: 4,388 (up 19.4%)
 Total Sales: 1,089 (down 12.4%)
️ Months of Inventory: 4.0 (vs. 3.4 last year)

Despite the increase in available homes,...

On September 17, 2025, the Bank of Canada lowered its policy interest rate to 2.50%. This decision comes as inflation continues to ease and signs of softer economic growth emerge. It’s also the third rate cut of the year, and for many Canadians, this change could have a meaningful impact.

Why It Matters

Interest rates directly affect the cost of borrowing. When rates go down, mortgages, lines of credit, and other loans often become more affordable. For buyers, this means lower monthly payments or the ability to qualify for a higher purchase price. For current homeowners, it could be an...

The latest numbers are in, and Ottawa’s housing market continues to show resilience. According to the Canadian Real Estate Association (CREA), the average home price in Ottawa rose to $633,100 in July 2025, up from $621,400 in July 2024. While other major cities like Toronto and Vancouver saw price declines over the past year, Ottawa’s steady climb reflects balanced market conditions and continued demand.

Across the country, the story is mixed:

• Toronto dropped from $1,037,200 to $981,000

• Vancouver eased from $1,197,700 to $1,165,300

• Montreal jumped from $533,100 to $577,700