Ottawa Real Estate Update: September 2019

Ottawa Real Estate September 2019

Ottawa Real Estate update September 2019 The fall real estate market in Ottawa is in full swing with strong numbers showing no signs of a slow-down in spite of the upcoming election. Condo prices have recovered (and are moving upward) in the Ottawa Real estate market and sellers are jumping back in to take advantage. […]

Ottawa Real Estate Market update: August 2019

Ottawa Real Estate Market update: August 2019 (September 5, 2019)  If you’ve been following the Ottawa Real Estate market it probably won’t come as a surprise that both unit sales and prices were up last month, in spite of continuing issues with low supply. Heading into the fall months we don’t see any signs of […]

Real Estate Market Snapshot: Hot Market in a Scorching July

The Ottawa Real Estate Board recorded the highest number of July sales in 15 years! Real Estate Market Trends and Highlights July 2019 1,842 residential properties sold on MLS® in July 2019, compared with 1,605 in July 2018, an increase of 14.8 per cent. 1,382 in the residential-property class, up 12.3 per cent from a […]

Ottawa Real Estate: May 2019 Market highlights

Highlights: Total properties sold : 2,423 in May through the Board’s Multiple Listing Service® System, compared with 2,271 in May 2018, an increase of 6.7 per cent. May’s sales included 1,869 in the residential property class, an increase of 4.6 per cent from a year ago.  554 in the condominium property class, an increase of […]

Ottawa Real Estate highlights & Market Snapshot April 2019

Ottawa Real Estate Highlights April 2019: There’s been an upward pressure on prices due to the continuing lower supply levels (residential supply is down 18%, and condo inventory is down almost 40% from last April 2018 according to the latest OREB stats). However these price points are “still well under the Canadian average, and our […]

OTTAWA REAL ESTATE HIGHLIGHTS: Higher Prices, Fewer Residential Sales

Ottawa Real Estate March 2019

Tightness of listing supply is significantly reducing days on market,  properties are selling very quickly.   The latest statistics are out from the Ottawa Real Estate board!   here are the highlights… 1,511 residential properties were sold in March through the Board’s Multiple Listing Service® System, compared with 1,654 in March 2018, a decrease of 8.6 per […]

Ottawa Real Estate Update: February Buyers Snap Up Limited Inventory

Ottawa Real Estate Market 2019

FEBRUARY 2019 Ottawa Real Estate MARKET HIGHLIGHTS  Buyers Snap Up Limited Inventory! HIGHLIGHTS (RELEASED BY THE OTTAWA REAL ESTATE BOARD MARCH 5TH, 2019) Total properties sold: 1,005 residential properties sold on MLS® compared with 978 in February 2018, an increase of 2.8%  756 in the residential property class, a rise of 3.8% over Feb 2019 […]

Ottawa Real Estate Update: January 2019 Record-Breaking Home Sales!

Ottawa Real Estate hightlights

January 2019: Record-Breaking Home Sales! February 5, 2019 Highlights Members of the Ottawa Real Estate Board sold 820 residential properties,  an increase of 15.8 % over January 2018. 611 in the residential property class, a rise of 14.2% over January 2018 209 in the condominium property class, an increase of 20.8% over January 2018 $432,829 was the […]

Market Snapshot: Ottawa Real Estate December 2018

That’s a wrap: Ottawa Real Estate Market December 2018! As 2018 wrapped up, the inventory shortage has had a ripple effect; while residential sales were down slightly, it also fuelled the condominium market. Overall, 2018 was another stellar year in Ottawa real estate!  If you’re thinking of making a move in 2019, we know real […]