Price improvements happening in Ottawa! If you’re thinking about buying – make sure you get your rate LOCKED IN TODAY and lets get active! If you’re thinking of selling – I’ll get your home sold with my VERIFIED LISTING PROGRAM! Pricing is currently sitting at 2021 levels – down from this years peak…
Average sale price definitely up from last year but down apx 60k from earlier this year. Call to discuss your situation – so many opportunities for buyers and sellers in Ottawa! Interest rates set to go up tomorrow so LOCK IN those rates…
OTTAWA, September 3, 2021 – Members of the Ottawa Real Estate Board sold 1,572 residential properties in August through the Board’s Multiple Listing Service® System, compared with 2,006 in August 2020, a decrease of 22 per cent. August’s sales included 1,175 in the residential-property class, down 25 per cent from a year ago, and 397 in the condominium-property category, a decrease…
DetailsWhen you go to the store there’s no shortage of cleaning products lining the shelves. From scent-free toilet cleaner to specific sprays to clean stainless steel appliances, it can sometimes feel like we’re spending more money on cleaning our homes than decorating them! If only there was a way to clean our homes using household…
DetailsOTTAWA, July 6, 2021 – Members of the Ottawa Real Estate Board sold 2,131 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,038 in June 2020, an increase of 5 per cent. June’s sales included 1,647 in the residential-property class, up 2 per cent from a year ago, and 484…
DetailsMembers of the Ottawa Real Estate Board sold 964 residential properties in January through the Board’s Multiple Listing Service® System, compared with 778 in January 2020, an increase of 24 per cent. January’s sales included 674 in the residential-property class, up 21 percent from a year ago, and 290 in the condominium-property category, an increase…
DetailsFollowing a historically slow spring season — a time that is known for being bustling for real estate — Canadian homebuyers returned to markets across the country to take advantage of low-interest rates during the post-lockdown period, even within the luxury home sector. Subsequently, a number of major Canadian real estate markets saw unprecedented demand…
DetailsOTTAWA, January 6, 2021 – Members of the Ottawa Real Estate Board (OREB) sold 1,002 residential properties in December through the Board’s Multiple Listing Service® System, compared with 757 in December 2019, an increase of 32.4 per cent. December’s sales included 710 in the residential property class, up 33.7 per cent from a year ago, and…
DetailsMembers of the Ottawa Real Estate Board sold 2,146 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,604 in October 2019, a year over year increase of 34 per cent. October’s sales included 1,665 in the residential-property class, up 38 per cent from a year ago, and 481 in the…
Details*Canadians of all stripes were blindsided on June 4, when the Canadian Mortgage and Housing Corporation suddenly revised certain key underwriting guidelines. The story got a little more interesting on Monday, when CMHC’s competitors in the mortgage insurance space, Genworth Canada and Canada Guaranty, both announced they would not be following suit. “Genworth Canada believes that its risk management…
DetailsThe big story of Ottawa’s real estate market for the past few years has been shrinking supply. Few people are putting their homes or condos up for sale until they have someplace to go. In January, the scarcity of listings plumbed a whole new depth. The result: the average price for residential resales soared 19.3…
DetailsThe Bank of Canada announced today that it is keeping its benchmark rate unchanged despite a weaker economy in the fourth quarter of last year and expectations that growth in the near term will be weaker. Should the recent slowdown in growth be more persistent than forecast, we may see a rate cut. In…
DetailsA global luxury property firm has predicted that homes in Canada worth $1 million and above will see their prices grow by around 4% in 2020, largely due to sustained demand and last year’s housing market robustness. In its newly released “Canadian Year-End Luxury Real Estate Report,” Engel & Völkers noted that the combination of…
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