OTTAWA REAL ESTATE BLOG
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BIG vs. Smaller Real Estate Firms: Why We’re Ottawa’s #1
BIG vs. Small-Scale Real Estate Firms: Why Team Realty is Ottawa’s #1. Real estate transactions are some of the biggest and most significant financial decisions you will ever make. Whether you are buying, selling, or using real estate as an investment, ensuring you have the backing of a brokerage with tenured experience at hand […]
Buying Commercial Properties in this Economy
Buying Commercial Properties in this Economy Buying commercial real estate requires much thought and planning. After all; it could either be “home base” for your growing business, or simply a very large financial investment. As the market continues to diversify and expand, you may wonder how it could affect your ability to buy commercial […]
Giving Your Kids the Best Chance at Homeownership
Giving Your Kids the Best Chance at Homeownership With housing markets across the country skyrocketing in recent years, it’s becoming a challenge for up-and-comers and young families to plant their roots in homeownership. This is currently affecting younger Millennials the most, but Generation Z is beginning to experience the same roadblocks. The solution: many […]
Diversity is an Advantage in a Multicultural Ottawa
Ethnic Diversity Among Agents in a Multicultural Ottawa From coast to coast to coast, Canada is a beautiful country that residents and visitors alike enjoy exploring, many with hopes of putting down roots in their favourite corner of our home and native land. In a recent survey, Royal LePage found that newcomers represent a […]
5 Things You Need to Know About Buying in Ottawa
5 Things You Need to Know About Buying in Ottawa 5 Things You Need to Know About Buying in Ottawa: Ottawa is a beautiful city with much historical significance. The national capital region is home to a wide variety of diverse, thriving neighbourhoods that see growth each year. There are many schools and businesses […]
Everything you Need to Know About Buying Older Homes
Everything you Need to Know About Buying Older Homes Buying a 20th century home may fit your real estate needs, but there are many things to consider when exploring an older market. Buying an older home comes with numerous advantages. They are often less expensive compared to newer builds, with no construction required […]
I Have Just Inherited Property. What Should I Do?
I Have Just Inherited Property. What Should I Do? Do Your Homework Inheriting property can be an exciting time in your life. There can also be mixed emotions depending on the circumstances. The number of older Canadians is growing. This has caused the most significant number of inheritances Canada has ever seen. This trend is […]
Why Summer is a Good Time to Buy
Why Summer is a Good Time to Buy “Summertime” means that the grass is at its greenest, the trees are at their fullest and gardens at their most vibrant. Although spring may be touted as the best time to buy, that doesn’t mean it’s the only time you’ll be able to do so. Summer […]
Beyond the Sign: Royal LePage Team Realty celebrates 20 years of serving the community
Over the past 20 years, everything has grown for Royal LePage Team Realty. Their families, the business, and Ottawa itself all look much different than they did back in 2002. What hasn’t changed is the team’s commitment to serving the community and helping Ottawans buy, sell, and lease properties. According to Royal LePage Team Realty […]
Tiny Homes are a Big Deal
Tiny Homes are a Big Deal What are Tiny Homes? Tiny Homes are exactly what they sound like: small, custom homes that may be built on wheels. They’re becoming increasingly trendy, mainly for singles and young couples as a method of downsizing and reducing living costs. Buying a regular size house or apartment is too […]
How Do Agents Determine Property Prices
How Do Agents Determine Property Prices: Breaking Down the Comparative Market Analysis on Your Property For those who have experience buying or selling real estate, the term Comparative Market Analysis (CMA) is something you may have heard about in the past. Broken down, the term refers to determining the value of a property for sale, […]
Beyond the Sign: Moving time! 8 tips to help your move go smoothly
Beyond the Sign: Moving time! 8 tips to help your move go smoothly. Moving can be a daunting experience, especially if it's your first time doing so. Whether you are planning an upcoming move to or within the city of Ottawa, there are certain steps that you can take to ensure that the process goes […]
Helping Your Adult Children Buy a Home
Helping Your Adult Children Buy a Home: There is a lot of worry today about whether or not millennials will be able to afford to buy a home. While there are many factors and hurdles that contribute to this, when it is boiled down to the most basic issues, housing prices were substantially lower in […]
Beyond the Sign: Time for a change? A career in real estate might be exactly what you are looking for.
Beyond the Sign: Time for a change? A career in real estate might be exactly what you are looking for. Do you find yourself spending time scouring new real estate listings and checking out sold prices? Do you love keeping track of the housing market trends? Are you looking for an exciting career where you can […]
What is The Hype Around Ottawa’s Boom Towns
What is The Hype Around Ottawa’s Boom Towns: Why “Rural” Ottawa Continues to Grow While we have seen an increase in home prices steady across the province over the last two years, rural outlier communities like Carleton Place, Arnprior and Kemptville have seen unprecedented growth and attention, handing them over “Boom Town” status. These Ottawa area […]
Ottawa Real Estate Snapshot March 2020
Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols are in place to ensure public safety in this new reality. As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology […]
Ottawa Real Estate Market Snapshot
HOMELISTINGSSEARCH OTTAWA MLS®OTTAWA OPEN HOUSESCONDOS FOR SALESOLD LISTINGSLUXURY HOMES FOR SALEBROWSE BY PRICE RANGEListings Under $300,000$300,000 – $350,000$350,000 – $400,000$400,000 – $450,000$450,000 – $500,000$500,000 – $550,000$550,000 – $600,000$600,000 – $650,000$600,000 – $650,000$650,000 – $700,000$700,000 – $750,000$750,000 – $800,000$800,000 – $850,000$850,000 – $900,000$900,000 – $950,000$950,000 – $100,0000$1,000,000 – $1,500,000$1,500,000 – $2,000,000$2,000,000 – $2,500,000$2,500,000 – $3,000,000REALTORS®COMMUNITIESALL OTTAWA […]
What can we expect from the Fall Real Estate Market in Ottawa?
HOMELISTINGSSEARCH OTTAWA MLS®OTTAWA OPEN HOUSESCONDOS FOR SALESOLD LISTINGSLUXURY HOMES FOR SALEBROWSE BY PRICE RANGEListings Under $300,000$300,000 – $350,000$350,000 – $400,000$400,000 – $450,000$450,000 – $500,000$500,000 – $550,000$550,000 – $600,000$600,000 – $650,000$600,000 – $650,000$650,000 – $700,000$700,000 – $750,000$750,000 – $800,000$800,000 – $850,000$850,000 – $900,000$900,000 – $950,000$950,000 – $100,0000$1,000,000 – $1,500,000$1,500,000 – $2,000,000$2,000,000 – $2,500,000$2,500,000 – $3,000,000REALTORS®COMMUNITIESALL OTTAWA […]
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 14.2 […]
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 Update: January 2019 Record-Breaking Home Sales!
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 […]
As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady
The Latest Ottawa Real Estate Trends - November 2018 While most markets across Canada are cooling, Ottawa’s market performance is strong and steady as it has been for many years. Ottawa's housing affordability and high employment levels shelter us somewhat from the dramatic swings that can cause instability. Sales were down 5.4% from November 2019, […]
Ottawa Real Estate Market Snapshot October 2018
Highlights from the Ottawa Real Estate Board's Latest News Release read full story Halloween has not Scared Away Home Buyers “October’s sales are truly indicative of the fast-paced market we have experienced for much of 2018,” points out Ottawa Real Estate Board President, Ralph Shaw. “In some pockets of the city, listings are not lingering […]
“Autumn Leaves are Falling; Home Prices are Not” | Ottawa Real Estate: Market Snapshot September 2018
Notable numbers in Ottawa: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we […]
August 2018 Notable Numbers in Ottawa Real Estate
Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we've seen in previous years. Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca Summer Ends, Active Real Estate Market Continues… September 6, 2018 […]
Ottawa Real Estate Market Snapshot: June 2018
June 2018 in Ottawa Real Estate: Market Snapshot Ottawa Real Estate Market Snapshot: June 2018: The Ottawa Condo market is leading the way in units sold, up over 16% in the first half of 2018 compared to the same time period last year, experts say Buyers looking for affordable homes may be turning to the […]