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 […]
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Record-breaking December, contributes to a strong 2015
Members of the Ottawa Real Estate Board sold 703 residential properties in December through the Board’s Multiple Listing Service® System, compared with 638 in December 2014, an increase of 10.2 per cent. The five-year average for December sales is 653. The total number of residential and condo units sold through the Board’s MLS® System throughout […]
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 […]
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 […]
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 […]
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 […]
Contemporary Dining in Ottawa’s Glebe
The Glebe is one of Ottawa’s most popular residential neighbourhoods, and a great place to live! Well known for its picturesque side streets, views of the Rideau Canal, and shopping or dining opportunities along Bank Street, the Glebe offers something for everyone. Whether you’re out for the afternoon appreciating the scenery of a neighbourhood park, […]