Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols are in place to ensure public safety in this new reality. As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology …
Ottawa Real Estate Snapshot March 2020 Read More »
In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa. Our Spring market started early this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have
What can we expect from the Fall Real Estate Market in Ottawa? Read More »
Ottawa Real Estate Market update: August 2019 (September 5, 2019) If you’ve been following the Ottawa Real Estate market it probably won’t come as a surprise that both unit sales and prices were up last month, in spite of continuing issues with low supply. Heading into the fall months we don’t see any signs of
Ottawa Real Estate Market update: August 2019 Read More »
The Ottawa Real Estate Board recorded the highest number of July sales in 15 years! Real Estate Market Trends and Highlights July 2019 1,842 residential properties sold on MLS® in July 2019, compared with 1,605 in July 2018, an increase of 14.8 per cent. 1,382 in the residential-property class, up 12.3 per cent from a
Real Estate Market Snapshot: Hot Market in a Scorching July Read More »
Market Snapshot: June 2019 Ottawa Real Estate update. Condo Sales Continue to Dominate Resale Market | Ottawa Residential Average Sale Price Climbs over $500K for the first time ever!
Market Snapshot: June 2019 Ottawa Real Estate update Read More »
Highlights: Total properties sold : 2,423 in May through the Board’s Multiple Listing Service® System, compared with 2,271 in May 2018, an increase of 6.7 per cent. May’s sales included 1,869 in the residential property class, an increase of 4.6 per cent from a year ago. 554 in the condominium property class, an increase of
Ottawa Real Estate: May 2019 Market highlights Read More »
Ottawa Real Estate Highlights April 2019: There’s been an upward pressure on prices due to the continuing lower supply levels (residential supply is down 18%, and condo inventory is down almost 40% from last April 2018 according to the latest OREB stats). However these price points are “still well under the Canadian average, and our
Ottawa Real Estate highlights & Market Snapshot April 2019 Read More »
January 2019: Record-Breaking Home Sales! February 5, 2019 Highlights Members of the Ottawa Real Estate Board sold 820 residential properties, an increase of 15.8 % over January 2018. 611 in the residential property class, a rise of 14.2% over January 2018 209 in the condominium property class, an increase of 20.8% over January 2018 $432,829 was the
Ottawa Real Estate Update: January 2019 Record-Breaking Home Sales! Read More »
That’s a wrap: Ottawa Real Estate Market December 2018! As 2018 wrapped up, the inventory shortage has had a ripple effect; while residential sales were down slightly, it also fueled the condominium market. Overall, 2018 was another stellar year in Ottawa real estate! If you’re thinking of making a move in 2019, we know real
Market Snapshot: Ottawa Real Estate December 2018 Read More »
The Latest Ottawa Real Estate Trends – November 2018 While most markets across Canada are cooling, Ottawa’s market performance is strong and steady as it has been for many years. Ottawa’s housing affordability and high employment levels shelter us somewhat from the dramatic swings that can cause instability. Sales were down 5.4% from November 2019,