Members of the Ottawa Real Estate Board sold 1,166 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,200 in March 2015, a decrease of 2.8 per cent. The five-year average for March sales is 1,220. “We are definitely seeing a resale market increase from the previous month, with 256 more […]
Tag Archives: Ottawa real estate
Extra day in leap year causes jump in sales for February
Members of the Ottawa Real Estate Board sold 911 residential properties in February through the Board’s Multiple Listing Service® system, compared with 850 in February 2015, an increase of 7.2 per cent. The five-year average for February sales is 908. “Although the weather was very unpredictable this month, with many highs and lows and several […]
Ottawa resale market eases off with cooler January weather
Members of the Ottawa Real Estate Board sold 601 residential properties in January through the Board’s Multiple Listing Service® system, compared with 626 in January 2015, a decrease of four per cent. The five-year average for January sales is 618. “The market momentum gained from the warmer weather in the latter part of 2015 has […]
Mild weather and post-election enthusiasm spurs on homebuyers
Members of the Ottawa Real Estate Board sold 990 residential properties in November through the Board’s Multiple Listing Service® System, compared with 891 in November 2014, an increase of 11.1 per cent. The five-year average for November sales is 944. “Mild temperatures in November, combined with increased activity post-election, were key factors in the Ottawa […]
October Home Buyers weren’t spooked by election results.
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 […]
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 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 […]
December unit sales contribute to a strong year-end
Ottawa Real Estate Board New Release – January 7, 2015 Members of the Ottawa Real Estate Board sold 640 residential properties in December through the Board’s Multiple Listing Service® system, compared with 609 in December 2013, an increase of 5.1 per cent. The five-year average for December sales is 637. The total number of homes […]
Ottawa’s October Home Sales Second Highest on Record
While spring tends to be the hottest season for real estate in many markets, many home buyers and sellers start thinking about their next real estate transaction in the autumn, giving themselves plenty of time to move into their next home before the colder temperatures hit. There are several benefits to buying or selling a […]