Average Ottawa House Sale Prices up 12 % in April
May 5, 2022The average sale prices for condominium units and residential homes in Ottawa were up by double digits in April, and Ottawa continues to be a seller’s market, with multiple offers still common in some areas, the Ottawa Real Estate Board reports. In April of 2022, the average sale price for a...
Read More
Buying? Selling? Prep Tips for Spring-Summer Market
April 14, 2022Spring has arrived, and as temperatures rise and the flowers bloom, we also start one of the busiest periods of the year for the resale real estate market in Ottawa. If you’re thinking of buying or selling, it’s important to get in touch with me early so we can develop a...
Read More
Average Ottawa House Sale Prices up 13% in March
April 7, 2022The month of March saw average Ottawa sale prices up 13% for residential-class properties and 10% for condominium units, the Ottawa Real Estate Board has reported. In its summary of sales results for March of 2022, the Board says its members sold 2,011 residential properties. While that’s down slightly from the...
Read More
Setting an Asking Price in Ottawa’s Hot Market
March 12, 2022If you’ve been considering selling your home or condominium, the good news is that Ottawa’s resale market is in your favour. Though we can expect a surge in listings as the popular spring season approaches, our city continues to be a “Sellers’ Market”, with a shortage of available properties and a...
Read More
Mortgage Pre-Approval can Protect You From Rising Rates
March 9, 2022If you are planning to search for a home in coming months, financial experts recommend approaching your bank or a mortgage broker to be pre-approved for a mortgage. Getting a pre-approval, with a letter from a lender telling you how much you can spend and setting out the rate you will...
Read More
Ottawa House Prices up 17% in February
March 7, 2022The average sale price for a residential property in Ottawa in February was $837,517. up 17% over the same month in 2021, the Ottawa Real Estate Board has announced. The average sale price for a condominium-class property, meanwhile, was $466,682. That’s a 15% increase over the average in February of 2021. In...
Read More
BIDDING WARS! EXPERIENCE COUNTS!
February 28, 2022If you’re planning to purchase a house or condo in Ottawa in the coming months or later in 2022, you’ve probably heard stories about bidding wars in our competitive market. Some properties, especially those in hot neighbourhoods and within particular price ranges, are receiving multiple offers, and buyers have to strategize...
Read More
Ottawa House Prices up 14% in January
February 3, 2022The first month of 2022 in Ottawa was often frigidly cold, and we faced a return of some government-imposed COVID-19 restrictions, but Ottawa’s resale residential real estate market remained hot, with average sale prices up by double digits for houses and condo units. The average sale price for a residential-class property...
Read More
THINKING OF REAL ESTATE IN 2022
February 1, 2022Here are some Tips As we look forward to spring and ahead into 2022 in the Ottawa Real Estate market, I’ve been hearing from clients who are considering buying or selling and are asking for advice about timing and strategy. If you’ve been following the local market, you’ll know that Ottawa has...
