The residential resale market for houses and condos is heating up in Ottawa! In its monthly sales statistics report, the Ottawa Real Estate Board (OREB) reported 1,661 residential sales in Ottawa during the month of June. This is a jump of 4.3 percent when compared to the 1,593 sales recorded during the same period in […]
Tag Archives: OREB
Ottawa Home Sales Heat Up with Warm Weather
The Ottawa Real Estate Board has released its monthly sales statistics for May 2014, reporting a 0.3% decrease in sales year-over-year. According to OREB, there were 1,792 residential properties sold in Ottawa during May, compared to 1,797 sold properties in the same month of 2013. The five-year-average for real estate sales in May is 1,765. […]
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 […]
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 […]