The past 2 years, Ottawa’s real estate market has been stressful for buyers. Fortunately, these June real estate numbers should give buyers hope if they’re still looking for their dream home. But, does this mean we’re headed to a balanced market or is this just one-off? Here are the June 2021 numbers: “June’s resale market […]
If you glance at May’s 2021 and 2020 real estate numbers without context, you think that we’re seeing exponential growth. But, we need to take into account how the COVID-19 lockdown affected real estate last year. Here are the May 2021 numbers: “Although Ontario was in a lockdown in both May 2020 and May 2021, […]
Here are the April 2021 numbers: “As the typical spring market ramped up, April was poised to be the strongest on record with over 3,200 new listings of properties for sale. Most of these properties entered the market before the province’s stricter lockdown order was announced midway through the month. At that point, the trajectory […]
Not only did March bring beautiful weather but it also brought on huge resale numbers. As last March was the beginning of COVID-19 lockdowns, let’s how we’ve faired this year for the month of March. Here are the March 2021 numbers: “A few factors contributed to the high number of resales in March,” states Ottawa […]
Properties are scarce in today’s real estate market. And to make matters worse (in the perspective of the buyer), prices are continuing to rise. February has shown a trending lack of inventory and fast price increases. Here are the February 2021 numbers: “Resale properties are virtually flying off the shelves,” states Ottawa Real Estate Board […]
The New Year has shown no sign of slowing down as residential and condominium sales and prices continue to surpass last year’s results. Although, it’s important to note we are lower in every area compared to last month. Since we experienced another lockdown, how did that affect January’s real estate sales? Here are the January […]
Although 2020 was a crazy year, Ottawa’s real estate numbers for December and 2020 are proof that there’s still a huge demand for residential and condominium-class properties. Even with the pandemic complications, Ottawa real estate agents found a way to make things safe for buyers and sellers to continue searching for their dream home or […]
As the months of November and December are known for being slowing due to the weather and preparations for the holidays, the Ottawa real estate numbers tell a different story. Not only are we seeing an increase in units sold but as well as selling prices. Here are the November 2020 numbers: “We continue to […]
Although there isn’t a huge increase compared to September’s real estate numbers, Ottawa buyers and sellers have proven that there’s still a demand to buy and sell. Here are the October 2020 numbers: “We are heading into the colder months, the second wave of the pandemic is upon us, and yet Ottawa’s resale market continues […]
Source Article: https://ottawacitizen.com/news/local-news/housings-covid-rally-pushes-through-october When Yvan Rhéaume listed a semi-rural bungalow for sale last Friday, he hadn’t expected quite so much interest. The Right at Home sales agent was asking $950,000 for his client’s property in the West Lake Estates subdivision a few kilometres south of Carp. Rhéaume was used to seeing strong bidding wars for […]