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 […]
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. […]
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 […]
As I mentioned in a previous entry, things are looking up for home sellers on the Ottawa real estate market. According to recent market data, both home prices and home sales activity are on the rise. But it’s still an unfortunate fact that there aren’t as many home buyers navigating the market as there were […]
Home sales continue to rise on the Ottawa real estate market, imitating trends on the national housing market. According to housing market data recently released by The Canadian Real Estate Association, both sales activity and sales prices increased during the month of October. Continue reading to learn more about this developing Ottawa real estate trend. […]
Findlay Creek neighbourhood became my home approximately 2.5 years ago. The more I live here the more I appreciate this neighbourhood. I do not own a house yet but after discovering this beautiful community for myself I am really considering Findlay Creek as a location for purchasing my first home. A Quick & Easy Commute […]
This month, Statistics Canada announced that the price of new homes in the Ottawa-Gatineau market increased more rapidly in December than any other city. The price of new houses in Ottawa-Gatineau rose faster in December than in other cities, Statistics Canada said Thursday. The increase of 0.8 per cent is double the average for country. […]
The 15th annual Ottawa Real Estate Forum took place on October 6th with over 450 attendees. The Hampton Inn and Conference Centre was packed with real estate developers, brokers, executives and asset managers all discussing what is next on the agenda for the Ottawa-Gatineau market. Below are some highlights on what was examined and talked […]
The home buying process is different in every country. Some regions, gaining access to real estate is rather tricky, and other areas it can straightforward and trouble-free. Newcomers to Canada may find that both of these hold true, but having the right information and tools at their disposal can greatly facilitate the home buying process. […]
If you are keeping track of the Ottawa housing market, you will know that low interest rates and a decrease in home prices fuelled sales throughout the city and the country. But when will prices begin stabilizing? According to the ReMax Bricks and Mortar Report, “the bounce-back that began in early spring has made this […]
