Members of the Ottawa Real Estate Board sold 1,161 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,119 in October 2014, an increase of 4 per cent. The five-year average for October sales is 1100. “Our October numbers show we outpaced last year and the five year average,” says David […]
Best September on record for number of Ottawa resales
OTTAWA, October 5, 2015 – Members of the Ottawa Real Estate Board sold 1,244 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,131 in September 2014, an increase of 10 per cent. The five-year average for September sales is 1,137. “Ottawa Real Estate Board members continued their active summer into […]
Lansdowne Park
How do YOU define the new Lansdowne? As your new home, your place of work, where you gather with friends to catch up, your favourite destination for health food shopping, date night at the vip movie theatre or maybe even “uber me home from this location”. My Lansdowne Park includes summer sangria, a table side […]
Strong summer performance for Ottawa’s resale market
Strong summer performance for Ottawa’s resale market Members of the Ottawa Real Estate Board sold 1,279 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,200 in August 2014, an increase of 6.6 per cent. The five-year average for August sales is 1,234. “Ottawa Real Estate Board members had a busy […]
Bank of Canada Cuts Rates by 1/4 Point
Amanda M. Smith | Home Financing Advisor Scotiabank | Home Financing Solutions I hope everyone is having an amazing week! I wished to pass along the Bank of Canada’s news release today. The overnight rate was cut a quarter point today. As a result, Bank of Canada will be reducing the prime lending rate from […]
Busy spring market continues in June
Ottawa Real Estate Board – New Release July 2015 – Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June sales is 1,664. “The Ottawa market is performing […]
The Ottawa resale market remains steady and strong in May
Ottawa Real Estate Board News Release – June 2015 Members of the Ottawa Real Estate Board sold 1,926 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,789 in May 2014, an increase of 7.7 per cent. The five-year average for May sales is 1,812. “The Ottawa housing market continued its […]
Busy spring season arrives amidst March snow banks
Ottawa Real Estate Board News Release – April 2015 Members of the Ottawa Real Estate Board sold 1,208 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,184 in March 2014, an increase of two per cent. The five-year average for March sales is 1,236. “Sales increased month over month, with […]
Resale buyers brave the February freeze
Ottawa Real Estate Board News Release – March 2015 Members of the Ottawa Real Estate Board sold 853 residential properties in February through the Board’s Multiple Listing Service® system, compared with 868 in February 2014, a decrease of 1.7 per cent. The five-year average for February sales is 914. “Even though we had one of […]
What you need to know about CO alarm legislation
Ontario took another step to keep families and homes in Ontario safe by making carbon monoxide alarms mandatory in all residential homes. The new regulation, which came into effect October 15, 2014, updated Ontario’s Fire Code following the passage of Bill 77 in 2013. Carbon monoxide detectors are now required near all sleeping areas in […]