m city condos prices.How to invest in Ottawa real estate? The epidemic in Canada has been going on for nearly a year since the outbreak, and everyone must have gradually got used to the normal life of home isolation.Please Visit: m city condos prices to Get Your VVIP Registration Today!
In the epidemic period of economic downturn, the unusually hot Ottawa real estate market has attracted a lot of attention. The record-breaking transaction prices this year have aroused heated discussion. In the middle of the epidemic last year, my analysis of the real estate market caused a great response, and the current trend has further verified that my judgment is accurate.
Well, today, I will combine a series of factors, such as the real estate data of last year and the beginning of this year, the development of the epidemic, macroeconomic policies, and microeconomic phenomena, to analyze the future trend of real estate in Ottawa and recommend suitable investment and self-occupied real estate according to the needs of different people.
Let’s talk about the epidemic. Judging from the current situation, the development of the epidemic in the future is not very clear. Despite a series of strict control measures introduced by the government, the number of new cases per day remains high.
Although the government has ordered three vaccinations per resident, the current vaccination rate and the delivery rate of vaccine production companies are much lower than those in other developed countries. What’s more, the various variants that have appeared around the world have cast a shadow over the prevention and control of the epidemic. It is still a long way off before all the packages are unsealed and return to normal work and life.
Macroscopically speaking, due to the epidemic, Canada has issued a large number of treasury bonds, and in order to stimulate the economy, mortgage interest rates will remain at a low level in the next few years.
In order to stimulate the economy, the excessive issuance of money is another reason to push up house prices. According to incomplete statistics, Canada’s broad money supply (M2) rose from C $1.38 trillion in 2016 to C $2.085 trillion by the beginning of this year. Oddly enough, the inflation rate remains below 2.5% all the year round.
So how to digest the water injected into the pool? Like other countries, the government is engaged in infrastructure and CERB, while on the other hand flows into the real estate market.
On the other hand, the unemployment rate in Ottawa in January 2021 was 6.2%, while the national unemployment rate was 9.4%. This has something to do with Ottawa’s industrial structure dominated by government employees and employees of high-tech enterprises. Macroscopically speaking, due to the epidemic, Canada has issued a large number of treasury bonds, and in order to stimulate the economy, mortgage interest rates will remain at a low level in the next few years.
In order to stimulate the economy, the excessive issuance of money is another reason to push up house prices. According to incomplete statistics, Canada’s broad money supply (M2) rose from C $1.38 trillion in 2016 to C $2.085 trillion by the beginning of this year. Oddly enough, the inflation rate remains below 2.5% all the year round.
So how to digest the water injected into the pool? Like other countries, the government is engaged in infrastructure and CERB, while on the other hand flows into the real estate market.
On the other hand, the unemployment rate in Ottawa in January 2021 was 6.2%, while the national unemployment rate was 9.4%. This has something to do with Ottawa’s industrial structure dominated by government employees and employees of high-tech enterprises.