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Luxury Home Market on an Upward Trajectory

Mississauga, ON (January 28, 2014) — Significant gains at the top end of the country’s housing market continued to demonstrate the overall strength of Canadian real estate in 2013, according to a report released today by RE/MAX. The RE/MAX Upper End Report, highlighting trends and developments in 16 major Canadian centres, revealed that: Seventy-five per…

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Ottawa Home and Condo Market Steady through 2013

Members of the Ottawa Real Estate Board sold 610 residential properties in December through the Board’s Multiple Listing Service® system, compared with 615 in December 2012, a decrease of less than one per cent. The five-year average for December sales is 646, with sales from December 2011 and 2009 increasing that average. The total number…

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Some Pros to Selling Your Ottawa Home this Winter

Spring and summer are often touted as the busiest seasons for real estate. However, listing your home or house hunting in the winter can yield results. The most obvious benefit to listing your home in the winter is less competition. Many Canadians are traveling, visiting relatives, or hosting so opening their home for prospective buyers…

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November Home and Condo Sales on Par with Last Year

The snowy month of November brought with it a slower than average resale market in Ottawa. Members of the Ottawa Real Estate Board sold 891 residential properties in November through the Board’s Multiple Listing Service® system, compared with 928 in November 2012, a decrease of four per cent. The five-year average for November sales is…

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October Sales Steady in Ottawa Real Estate

Members of the Ottawa Real Estate Board sold 1,090 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,069 in October 2012, an increase of two per cent. The five-year average for October sales is 1,091. “Resale units sold in October are right on par compared to the five-year average,” says…

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Ottawa market heats up as fall settles in – September stats

Members of the Ottawa Real Estate Board sold 1,119 residential properties in September through the Board’s Multiple Listing Service® system, compared with 995 in September 2012, an increase of 12.5 per cent. The five-year average for September sales is 1,121. “As a result of the new mortgage rules introduced last summer, we saw continuous decreases…

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?Ottawa resale market on the up and up

Members of the Ottawa Real Estate Board sold 1,219 residential properties in August through the Board’s Multiple Listing Service® system, compared with 1,145 in August 2012, an increase of 6.5 per cent. The five-year average for August sales is 1,202. “It has been one year since the Canadian Government introduced the new mortgage rules, and…

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Ottawa Home and Condo Market Steady but Slow

Members of the Ottawa Real Estate Board sold 1,339 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,376 in July 2012, a decrease of 2.7 per cent. July’s sales are just below the five-year average of 1,347. “Although the number of residential properties, including condominiums, is down since last year,…

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Condo sales dip below average, residential units remain

Members of the Ottawa Real Estate Board sold 1,594 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,662 in June 2012, a decrease of 4.1 per cent. “June sales are down a bit since last month, but even though there’s a slight decrease, it seems to be the norm throughout…

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Condo Sales Slower in Ottawa this Spring

Members of the Ottawa Real Estate Board sold 1,804 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,890 in May 2012, a decrease of 4.6 per cent. The five-year average for May sales is 1,802. “The Ottawa market is still on par with average sales since 2009, and 233 more…

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Ottawa Real Estate Upswing in Sales for the April Market

Members of the Ottawa Real Estate Board sold 1,573 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,568 in April 2012, an increase of 0.3 per cent. “The Ottawa market is doing well, and gaining ground back since the “cool-down” of the market for the past five months,” says Tim…

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Ottawa Spring market shows moderating trend

Members of the Ottawa Real Estate Board sold 1,167 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,388 in March 2012, a decrease of 15.9 per cent. “The Ottawa market has been described as steady and stable for the past few years. It’s not going up drastically, and it’s not…

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Ottawa Resale Home Market Drops 9% in February

OTTAWA — The market for resale home sales in Ottawa remained sluggish in  February, according to the Ottawa Real Estate Board. Figures released by the board Tuesday showed a 9.3-per-cent drop in sales  compared with February 2012. According to the board, a total of 914 resale homes  were sold through the board’s multiple listings service,…

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