Members of the Ottawa Real Estate Board sold 1,568 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,530 in April 2011, an increase of 2.5 per cent. April’s sales included 300 in the condominium property class, and 1,268 in the residential property class. “Sales in April indicate a steady Ottawa…
DetailsMembers of the Ottawa Real Estate Board sold 1,396 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,240 in March 2011, an increase of 12.6 per cent. The five-year average for March sales is 1,276. March’s sales included 277 in the condominium property class, and 1,119 in the residential property…
DetailsMembers of the Ottawa Real Estate Board sold 1,009 residential properties in February through the Board’s Multiple Listing Service® system compared with 940 in February 2011, an increase of 7.3 per cent. The five-year average for February sales is 949. February’s sales included 244 in the condominium property class, and 765 in the residential property…
DetailsDate Posted: February 23, 2012 Seeing a light at the end of the tunnel when it comes to your mortgage payments is a terrific feeling. However, discharging early, though satisfying, isn’t without penalties. This article from the Toronto Star illustrates various situations in which a prepayment penalty can occur, and how to avoid paying more…
DetailsThe Canadian Mortgage and Housing Corporation, the crown corporation that insures Canadian mortgages, seems optimistic about the housing market in the next two years. Recently, there have been steadily rising concerns of what record low mortgage rates will do to the housing market. However, in this article we learn the CMHC is predicting the market will stay…
DetailsMembers of the Ottawa Real Estate Board sold 684 residential properties in January through the Board’s Multiple Listing Service system compared with 677 in January 2011, an increase of one per cent. The five-year average for January sales is 652. Of those sales, 138 were in the condominium property class, while 546 were in the…
DetailsRock-bottom mortgage rates have been the fuel behind Canada’s house-price boom. Now, they may also be the shield keeping that boom from becoming a bubble. Bank of Montreal chief economist Sherry Cooper argues that despite the Bank of Canada’s repeated warnings about the alarming deterioration in the country’s household debt levels, driven in no small…
DetailsBy Vito Pilieci, The Ottawa Citizen January 6, 2012 Ottawa’s unemployment rate held steady in December, ending three months of increases, according to Statistics Canada. The national statistics watchdog said the creation of 5,400 new jobs in the region helped to keep the unemployment rate at 6.3 per cent during the month. More than 697,800…
DetailsContact Casey Scobie of RBC for info!
BMO offering 2.99% for 5 yrs as well. Call me for more info.
Dog Park Finder in Ottawa! Very cool!
http://parkfinder.ottawadogblog.ca/
This is my favourite pooch “Daisy”!
As temperatures head down to their seasonal norm, we’re turning up the heat at home. That means higher bills, but having an energy-efficient home can keep heating costs under control. EnerQuality designs and operates five “green” building standards for the construction industry in Ontario. “These focus on the design and construction of the home,” says…
DetailsMembers of the Ottawa Real Estate Board sold 699 residential properties in December through the Board’s Multiple Listing Service® system compared with 618 in December 2010, an increase of 13.1 per cent. The five-year average for December sales is 611. The total number of homes sold through the Board’s MLS® system in 2011 was…
DetailsFor an explanation, Canadians can look to the European sovereign-debt crisis, according to the latest Housing Trends and Affordability report by RBC Economics. The report found the average housing cost of a standard two-storey home was 48.8% of the median pre-tax income, down 0.6% from the previous quarter. “It appears that developments related to the…
DetailsMembers of the Ottawa Real Estate Board sold 1,020 residential properties in November through the Board’s Multiple Listing Service® system compared with 940 in November 2010, an increase of 8.5 per cent. The five-year average for November sales is 881. Of those 1,020 sales, 244 were in the condominium property class, while 776 were in…
DetailsHe gave no indication, however, whether his next move might be to actually reduce the trendsetting overnight rate from the current one per cent, as at least two major economists have urged. In a speech to a business audience in Montreal, the central banker made clear that he sees recent indicators that the Canadian economy…
DetailsMembers of the Ottawa Real Estate Board sold 1,062 residential properties in October through the Board’s Multiple Listing Service® system compared with 1,038 in October 2010, an increase of 2.3 per cent. The five-year average for October sales is 1,071. Of those sales, 253 were in the condominium property class, while 809 were in the…
DetailsNew Ottawa Condo Development is causing some trouble between local residents/business owners and the builder.
Follow the link below to view a virtual tour and visit my “Listings” section for more info.
