OTTAWA WEEKLY MARKET STATS

September 14, 2020

A 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...

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Ottawa Resale House Prices up 22% in August

September 4, 2020

Spectacular 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...

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The country beckons: Financing cottages, waterfront homes and vacant land

August 26, 2020

COVID-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...

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OTTAWA WEEKLY MARKET STATS

August 17, 2020

Looking 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...

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OTTAWA WEEKLY MARKET STATS

August 10, 2020

AUGUST 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...

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Ottawa House Prices up 20% in Hot July Market

August 10, 2020

The 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...

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Ottawa Weekly Stats July 13-19, 2020

July 20, 2020

The 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...

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Considering a Foreign Investment Property? Know Your Tax Rules

July 15, 2020

If you’re a Canadian considering purchasing a condominium or home abroad for rental income, it’s important you understand the rules that will apply when filing your income taxes. I sometimes assist clients who are interested in buying foreign property, whether it’s a vacation getaway they will be using for their own...

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Ottawa Weekly Stats July 6-12, 2020

July 14, 2020

I hope that you have all been keeping cool in this heat! That might be making you think to buy a cottage, or maybe a larger home! Not only is the weather hot right now but so is the Ottawa Real Estate Market. This past month saw more and more...

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Ottawa Resale Home Prices up 15 % in June-Market rebounds

July 6, 2020

Ottawa’s resale real estate market rebounded impressively in June, with average sale prices up 15 % for residential properties and 17 % for condominium units over June of last year, the Ottawa Real Estate Board has reported. With the number of properties for sale continuing to be lower than usual, we...

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