Steady as she goes for the Ottawa resale market in 2012 Members of the Ottawa Real Estate Board sold 618 residential properties in December through the Board’s Multiple Listing Service® system, compared with 695 in December 2011, a decrease of 11.1 per cent. The five-year average for December sales is 617. The total number of…
DetailsOTTAWA, ONTARIO–(Marketwire – Dec. 13, 2012) – Canada Mortgage and Housing Corporation (CMHC) released its latest Rental Market Survey results for the Ottawa Census Metropolitan Area (CMA) today in the Ottawa Rental Market Report, fall 2012 edition. Ottawa’s apartment vacancy rate rose to 2.5 percent in 2012 mainly due to a strong expansion in the…
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With the cooler weather, comes a slight “cool down” in the Ottawa resale market. While the average sale price increased, the number of units sold decreased on a year over year analysis. Members of the Ottawa Real Estate Board sold 931 residential properties in November through the Board’s Multiple Listing Service® system, compared with 1,023…
DetailsAs the leaves continue to fall in Ottawa, we are seeing an increase in units sold, as well as an increase in average sale price. Members of the Ottawa Real Estate Board sold 1,073 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,059 in October 2011, an increase of 1.3…
DetailsFully renovated since 2009, including updates to the INGROUND POOL, a brand new 3+ car garage, solid wood CUSTOM KITCHEN and the list goes on!
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Congratulations to my beatiful wife on the birth of our first son – Charlie!
Charlie came into this world on Sept 29th at 9:57 pm and weighed in at 8 lbs 15.5 ounces!
Members of the Ottawa Real Estate Board sold 1,141 residential properties in August through the Board’s Multiple Listing Service® system, compared with 1,328 in August 2011, a decrease of 14.1 per cent. The five-year average for August sales is 1,193. August’s sales included 248 in the condominium property class, and 893 in the residential property…
DetailsTORONTO – Canadian home prices rose in July from June to hit a record high for a third consecutive month, but the slower pace of gains and falling prices in Vancouver added to recent evidence the market is cooling. The Teranet-National Bank Composite House Price Index released on Wednesday showed overall prices climbed 0.7% in…
DetailsOttawa, August 3, 2012 – Members of the Ottawa Real Estate Board sold 1,366 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,321 in July 2011, an increase of 3.4 per cent. The five-year average for July sales is 1,360. July’s sales included 304 in the condominium property class, and 1,062…
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Minutes to downtown at only $319,900! Call today for a viewing or go to my “listings” page for more info…
Move in and Enjoy! Great Condo for Sale in Hunt Club Park/Greenboro Forget Renting This convenient ground level condo has been fully renovated since 2009. Featuring a bright, modern kitchen with appliances included, low maintenance, high quality floating and ceramic floors, new counter tops, an updated bath, spacious master, new patio door, newer windows and…
DetailsThe following changes to mortgage regulations for insured (CMHC or Genworth) mortgages will be taking place July 9th, 2012: 1. Lowering the maximum amount consumers can borrow when refinancing their mortgages. This change will lower the maximum mortgage amount to 80% of the appraised value of the property from the current 85%. This change will…
DetailsMembers of the Ottawa Real Estate Board sold 1,896 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,659 in May 2011, an increase of 14.3 per cent. May’s sales included 364 in the condominium property class, and 1,532 in the residential property class. “Year-over-year for May, the Ottawa market is…
Detailshttp://www.cbc.ca/news/canada/story/2012/05/22/oecd-canada-rates.html Canada’s central bank should move its benchmark target for the overnight rate above its current one per cent level or risk unsustainable increases in the country’s inflation rate and real estate market, the Organization for Economic Co-operation and Development said today. The bank has held the rate steady at one per cent for the…
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