Wondering what is happening in the Ottawa Real Estate Market?
October 12, 2020OTTAWA REAL ESTATE - STATS during COVID-19 If you are wondering what is happening in today's Real Estate market in Ottawa, these charts produced by the Ottawa Real Estate Board give a clear picture of how the market is fairing vs last year's statistics. If you are a buyer or a...
Read More
Ottawa House Sale Prices up 19% Year-to-Date
October 5, 2020Thanks to a much-needed surge in new listings coming onto Ottawa’s resale residential real estate market in September, there was a 51 % increase in the number of properties sold compared with September of 2019, the Ottawa Real Estate Board has reported. In a month that is usually quieter than the...
Read More
No Signs of Cooling in Ottawa’s Hot Market
September 28, 2020If you’re a homebuyer currently on the search, you don’t need me to tell you that Ottawa’s residential real estate market has bounced back dramatically from the brief lull we experienced in the early weeks of COVID. With continued low inventory and high demand, multiple offers and quick sales have been...
Read More
OTTAWA WEEKLY MARKET STATS
September 14, 2020A BIT OF ENCOURAGEMENT FOR BUYER'S IN THE OTTAWA, ONTARIO MARKET! As we move into fall and people settle into their respective routines we can now see an increase in the number of listings that are available for buyer’s. For many who have been looking “for that special place to call...
Read More
Ottawa Resale House Prices up 22% in August
September 4, 2020Spectacular August on multiple fronts! The number of properties sold was up substantially over the same month in 2019. Average sale prices were up more than 20 % for residential houses and for condominium units. And after many months of low inventory, we’ve finally experienced a surge in new listings. Buyers are still...
Read More
The country beckons: Financing cottages, waterfront homes and vacant land
August 26, 2020COVID-19 is driving some curious real estate trends for sure. With many of us working from home the view on where to live has changed for sure: Purchasers are less concerned about purchasing something near their workplace and are looking further afield. Given the current restrictions on travel, everyone seems to...
Read More
OTTAWA WEEKLY MARKET STATS
August 17, 2020Looking to the past week, the Ottawa market is still very strong despite restricted movement for those moving to Ottawa for jobs. As of the middle of August, we are now seeing people coming in from abroad and other parts of Canada. While they will be in self-isolation, the market...
Read More
OTTAWA WEEKLY MARKET STATS
August 10, 2020AUGUST 3-9, 2020 The market continues to be strong, as a number of people are moving into Ottawa. This is a great time to sell as prices are at an all-time high, realizing of course that COVID protocol is still being adhered to for both Buyers and Sellers to be safe...
Read More
Ottawa House Prices up 20% in Hot July Market
August 10, 2020The steady rebound we’ve seen in Ottawa’s resale real estate market over the past few months continued with a spectacular July. Average sale prices for residential properties were up 20 % over the same month last year, and the number of properties sold was up 19 % over July of...
Read More
Ottawa Weekly Stats July 13-19, 2020
July 20, 2020The market continues to be strong, although some people are now considering to take holidays to break away from working at home. There are sections of the city that have a little slower market activity, but overall the number of listings vs. sales is still showing very much a Seller’s...
