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...
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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...
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Are you Paying the Right Price in Ottawa’s hot Resale market?
January 28, 2022Your Experienced Realtor Will Help You’re looking to buy a house, and as you click through the Ottawa listings, you’ve noticed more than once that you see two houses in the same neighbourhood that are remarkably similar in space, bedrooms and finishes. Why are the asking prices for the two properties tens...
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MAY 2021 – Ottawa Real Estate Update
June 4, 2021Ottawa Resale House Prices up 35% in May The Ottawa resale real estate market in May continued to thrive, with sales far above May of 2020 and average sale prices up 35% for residential-class properties, despite the provincial lockdown. In May of 2021, members of the Ottawa Real Estate Board sold 2,296...
