MARKET UPDATE: SUPPLY IS UP DRAMATICALLY

February 6, 2023

The official numbers for Ottawa’s resale housing market in January are in from the Ottawa Real Estate Board, and we’re continuing to see good news for buyers. If you’re planning to buy a house or condo unit, you’ll be happy to hear that Ottawa’s resale housing market in January remained balanced,...

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A Look at Ottawa House & Condo Prices: 2012 to 2022

January 23, 2023

If you’ve been considering selling your house or condo in Ottawa, you’ve probably heard that in our city and others across Canada, the hot sellers’ market of the past few years has cooled and become a balanced market. For much of the pandemic, with little inventory and interest rates at historic...

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Ottawa House Prices up 17% in February

March 7, 2022

The 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...

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Ottawa Resale House & Condo Prices up 17% in July

August 6, 2021

The average sale prices of houses and condo units in Ottawa’s resale market in July of 2021 were both up 17% over the same month last year, the Ottawa Real Estate Board  says. In other highlights of its report on sales for the month, the Board says the Ottawa market has...

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Ottawa House Sale Prices up 19% Year-to-Date

October 5, 2020

Thanks 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...

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