Ottawa Real Estate Update!
CMHC to Increase Mortgage Insurance Premiums OTTAWA, February 28, 2014 — Following the annual review of its insurance products and capital requirements, CMHC will increase its mortgage loan insurance premiums for homeowner and 1 – 4 unit rental properties effective May 1, 2014. The increase applies to mortgage loan insurance premiums for owner occupied, self-employed…
Ottawa Real Estate Market Remains Stable
Members of the Ottawa Real Estate Board sold 870 residential properties in February through the Board’s Multiple Listing Service® system, compared with 903 in February 2013, a decrease of 3.7 per cent. “February sales are down slightly year-over-year, despite the less than favourable weather, and possible distraction of the Olympics,” says President-Elect of the Ottawa…
Ottawa Real Estate Lands Softly in New Year
Members of the Ottawa Real Estate Board sold 589 residential properties in January through the Board’s Multiple Listing Service® system, compared with 594 in January 2013. “Residential sales this January were virtually identical to January 2013. Our members sold five more freehold residential properties and 10 fewer residential condos. Statistically, the difference is less…
REMAX metro city tops Ottawa Real Estate
Thanks to all my friends, family and clients for making 2013 such a great year!
Experience Counts! REMAX metro city tops the Ottawa Market
2013 was a great year for RE/MAX metro-city. The chart below shows the average production per agent for each company based on MLS sales for all of 2013. Metro-city agents on average did 50.9% more business than the closest competitor. That’s 50% more experience in the marketplace.
