{"id":724,"date":"2026-10-31T10:00:00","date_gmt":"2026-10-31T10:00:00","guid":{"rendered":"https:\/\/www.fcm4.com\/blog\/?p=724"},"modified":"2026-10-31T10:00:00","modified_gmt":"2026-10-31T10:00:00","slug":"ottawa-home-affordability-improved","status":"publish","type":"post","link":"https:\/\/www.fcm4.com\/blog\/2026\/10\/31\/ottawa-home-affordability-improved\/","title":{"rendered":"Ottawa Home Affordability Improved"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/indran-kunam\/home-affordability-september-remotion-videos-7184\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Ottawa posted one of the strongest affordability gains in Late-Q3, as softer home prices improved buying conditions more than in most major markets.<br \/>\nThe key driver was price relief, not cheaper borrowing: Ottawa\u2019s avg. sale price fell \u2193$14.2K MoM, helping more buyers qualify for financing locally.<br \/>\nThat price shift trimmed the avg. mortgage payment by \u2193$70 per mo, creating ~$840 in yearly savings for an Ottawa buyer recently.<br \/>\nOttawa\u2019s required qualifying income for an avg. priced home also fell \u2193$2.63K, a helpful step that still suggests only modest relief for many buyers.<br \/>\nFor Ottawa buyers, the latest affordability gains may stay limited if fixed rates hold near current levels, leaving future progress tied mainly to home prices.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ottawa posted one of the strongest affordability gains in Late-Q3, as softer home prices improved buying conditions more than in most major markets. The key driver was price relief, not cheaper borrowing: Ottawa\u2019s avg. sale price fell \u2193$14.2K MoM, helping more buyers qualify for financing locally. That price shift trimmed the avg. mortgage payment by [&hellip;]<\/p>\n","protected":false},"author":128,"featured_media":725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/posts\/724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/users\/128"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/comments?post=724"}],"version-history":[{"count":1,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/posts\/724\/revisions"}],"predecessor-version":[{"id":744,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/posts\/724\/revisions\/744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/media\/725"}],"wp:attachment":[{"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/media?parent=724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/categories?post=724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fcm4.com\/blog\/wp-json\/wp\/v2\/tags?post=724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}