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Royal LePage House Price Survey: Ottawa trending towards a Buyer’s Market

OTTAWA RECORDS FLAT HOUSING MARKET IN THE THIRD QUARTER High inventory leads to an uneventful third quarter OTTAWA, October 15, 2014 – The Royal LePage House Price Survey released today saw prices for homes in Ottawa remain relatively flat. Detached bungalows and standard two-storey homes increased 1.2 per cent year-over-year to $403,091 and $406,264, respectively. Standard condominiums saw a

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Steady as she goes for September real estate sales in Ottawa

From the Ottawa Real Estate Board September/October 2014 “Members of the Ottawa Real Estate Board sold 1,133 residential properties in September through the Board’s Multiple Listing Service® system, compared with 1,118 in September 2013, an increase of 1.3 per cent. The five-year average for September sales is 1,103. “Our community is fortunate to enjoy one

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Campaign Launched By Provincial Realtors to Stop the Spread of Another Costly Home Owner’s Tax

Help us in an effort to “Say no to another home owner tax” – It is our mission to help prevent the spread of a new municipal land transfer tax (MLTT). This tax is in addition to the Land Transfer Tax a consumer already pays to the province when purchasing real estate and this provincial

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Royal LePage Team Agent’s Love Their Neighbourhoods and Want to Recognize Those that Make it a Great Place to Live!

  Your Royal LePage Team Agents from across Ottawa and surrounding areas want to recognize those individuals that make our communities such a great place to live. Collectively they have created a Contest to allow for you to tell them about your “Great Neighbour”. Tell a  Royal LePage Team Agent  About Your Great Neighbour and

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Royal LePage’s New Mobile App Breaks Industry Barriers With Draw-and-Search Feature

  Royal LePage, in partnership with award-winning mobile agency Plastic Mobile, recently announced the launch of the Royal LePage mobile app for Canadian house hunters. Available for iPhone, the new app is simplifying the property search process down to the swipe of a finger. The app’s innovative Draw-and-Search feature allows users to easily zero in on a specific

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Thinking of selling? Get educated about market conditions specific to YOUR home.

Our local Ottawa real estate board regularly publishes information about market conditions in and around the city. And while this information is useful, the data is based on statistics compiled from ALL home sales regardless of age, style, neighborhood or price point. As such, it may not necessarily reflect the conditions specific to YOUR home.

Thinking of selling? Get educated about market conditions specific to YOUR home. Read More »

Ottawa Residential Housing Price Increases between 1956 and 2013

As the Nation’s Capital, Ottawa has always been a great city in which to buy real estate, whether for home ownership or investment purposes.  Over the years, when the rest of the country was experiencing dramatic downturns in their real estate markets, Ottawa seemed to be insulated and the housing market remained steady. This historical

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