Archives for Real estate statistics

Ottawa and Area Real Estate Market Snapshot July 2020

Market Snapshot: The numbers are up again as this past months unit sales increased 19% from this time last year!

Ottawa’s resale market offers solid returns for many Sellers, while Buyers continue to feel the squeeze. Those most impacted are especially those attempting to enter the housing market. Multiple offers are a common occurrence with over 57% of properties selling over the listing price compared to 33% of transactions last July.


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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 to assist  clients who are in urgent need to buy or sell.  While the beginning of the month there was plenty of activity as the spring market started to heat up, when the Ontario State of Emergency began, our industry rightly made the adjustments necessary
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