The May 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The lockdown of May 2021 was quite different than the one that happened in May 2020. For example, there many increases in the listings numbers across the Ottawa Real Estate Market. With double the number of listings as sellers take advantage of […]
The July 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The slow down in the Ottawa resale market is typical for July as Buyers and Sellers turn their attention to their vacations and other outdoor recreational activities. We are seeing housing stock increase and prices begin to stabilize which may indicate that Ottawa’s […]
The April 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you’re considering a move we’re here to help answer […]
The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you’re considering a move …
Ottawa and Real Estate Market Snapshot March 2021 Read More »
The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days …
Ottawa and Real Estate Market Snapshot February 2021 Read More »
Market Reports Request Market Snapshot: Buyer demand fuelled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market …
Ottawa and Real Estate Market Snapshot January 2021 Read More »
Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market …
Ottawa and Real Estate Market Snapshot December 2020 Read More »
Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price …
Ottawa and Real Estate Market Snapshot November 2020 Read More »
Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September …
Ottawa and Area Real Estate Market Snapshot October 2020 Read More »
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.