Here are the November 2019 numbers: Here are the specifics for each property class: “Prices have increased, and therefore there is a shortage of units available in the lower end price range of both condos and residential properties,” reports Dwight Delahunt, President of the Ottawa Real Estate Board. “That being said, the Ottawa market still […]
In the month of October, the Ottawa real estate market took a dip in new listings, Liberal’s reduced their position in Parliament to a minority, and we saw a significant increase in $500-750k residential properties sold. Here are the October 2019 numbers: Here are the specifics for each property class: “New listings are down, inventory […]
With the transition from summer to fall, the Ottawa real estate market continues to flourish, especially in the condominium properties, some attributing to the start of college and universities. We’ve expected a slower market due to the upcoming election but September continues to strive and prosper. Here are the September 2019 numbers: Here are the […]
A surprising month for listings. Still continuing the trend that July started, listings have been solid in Ottawa. Here are the August 2019 numbers: Here are the specifics for each property class: First Time Home Buyer’s Incentive Since the First Time Home Buyer’s Incentive started in September, some questions surround this program on whether it’ll […]
What an amazing month for the real estate market! Since July is such a vacation-heavy month, people are usually more focused on their summer than purchasing or selling their home. But compared to last year, the numbers tell a different story. Here are the July 2019 numbers: Although there’s a rise in new listings, there’s […]
Thanks to a 14% increase in condo sales, Ottawa’s resale real estate market had a strong May. Here are the May 2019 numbers: Condos are giving buyers a chance to enter the market or downsize. Here are the specifics for each property class: Days on Market Down 17% – 33% Despite the lower levels of […]
The month of April didn’t pick up the way spring markets have in the past, mainly due to the low inventory Ottawa has been experiencing for several months. Here are the April 2019 numbers: “The story hasn’t changed through this spring – our market is clearly suffering from low inventory,” says Dwight Delahunt, President of […]
Have you ever wondered where your neighbourhood stands compared to the others in our city? Ever get involved in the heated east vs. west debate with your friends? Maybe this can settle it! Our nation’s capital isn’t just home to The Hill and the Rideau Canal – Ottawa has quickly become one of Canada’s most […]
Our own Paul Rushforth spoke with CTV about the current market, and how buyers should prepare when there’s a low listing inventory. While Canada’s real estate numbers are down overall, Ottawa is staying strong. Real estate agents are seeing plenty of demand. Unfortunately there is a lower than usual number of home listings for buyers […]