The local real estate market will mostly remain stable for the rest of 2014, and will likely see a rebound in early 2015. That’s the conclusion of the latest report by Canada Mortgage and Housing Corp., a real estate watchdog group. This is interesting news and definitely relevant to anyone who is considering buying or selling […]
Category Archives: Market Statistics
Spring Real Estate Market Grows Steady in Ottawa
The Ottawa real estate market continues to see stability and growth as we move forward into 2014, according to the latest sales statistics from the Ottawa Real Estate Board. While the sales stats from April 2014 show a decrease of 3.9 percent in year-over-year sales, more properties changed hands in April than in March. Additionally, […]
Ottawa Real Estate Update: March Sales Stats
The spring real estate market is fast approaching in Ottawa! Statistics released this week from the Ottawa Real Estate Board demonstrated a 29.7 percent month-over-month increase of home sales, with 256 more properties switching hands in March than in February. Members of the Board sold 1,126 residential properties through the Multiple Listing Service, compared to […]
Ottawa Real Estate Gears Up for Spring Market
Statistics released this week from the Ottawa Real Estate Board (OREB) reported that 870 residential properties were sold through the Board’s MLS system in the month of February, compared to 903 in February of 2013. This is a year-over-year decrease of 3.7 per cent. Although Ottawa resales were down when compared to last year, the […]
OREB Reports Soft Landing for Ottawa’s January Real Estate Market
The Ottawa Real Estate Board (OREB) recently released its sales statistics from January, reporting a soft landing for the city’s resale market. 589 residential properties were sold through OREB’s MLS® system in the first month of the year, compared to 594 sales in January of 2013. President of the Real Estate Board, Randy Oickle, remarked […]
Ottawa Real Estate Board News Release – November resale market on par with last year’s results
November resale market on par with last year’s results Ottawa, December 5, 2013 The snowy month of November brought with it a slower than average resale market in Ottawa. Members of the Ottawa Real Estate Board sold 891 residential properties in November through the Board’s Multiple Listing Service® system, compared with 928 in November 2012, […]
Ottawa Real Estate Board news Release – October resales comparative to five-year average
Members of the Ottawa Real Estate Board sold 1,090 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,069 in October 2012, an increase of two per cent. The five-year average for October sales is 1,091. “Resale units sold in October are right on par compared to the five-year average,” says […]
Ottawa Real Estate Board – Monthly News Release – Ottawa market heats up as fall settles in.
Ottawa, October 4, 2013 – Members of the Ottawa Real Estate Board sold 1,119 residential properties in September through the Board’s Multiple Listing Service® system, compared with 995 in September 2012, an increase of 12.5 per cent. The five-year average for September sales is 1,121. “As a result of the new mortgage rules introduced last […]
Ottawa Real Estate Board – Monthly New Release – September 5, 2013
Ottawa resale market on the up and up Members of the Ottawa Real Estate Board sold 1,219 residential properties in August through the Board’s Multiple Listing Service® system, compared with 1,145 in August 2012, an increase of 6.5 per cent. The five-year average for August sales is 1,202. “It has been one year since the […]
Ottawa Real Estate Board News Release – Condo sales dip below average, residential units remain steady
Members of the Ottawa Real Estate Board sold 1,594 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,662 in June 2012, a decrease of 4.1 per cent. “June sales are down a bit since last month, but even though there’s a slight decrease, it seems to be the norm throughout […]