The RE/MAX Quest for Excellence scholarship program is now accepting essay submissions until March 9, 2025. RE/MAX Canada is pleased to offer 40 scholarships of $1,000 each to students across Canada (except for Quebec). This scholarship program offers a valuable opportunity for you to connect with your clients and potential clients who have Grade 12 students, as…
Numbers are holding pretty steady in Ottawa real estate! Numbers are down from our peak this year (Spring) but sales are up and so are “Days on Market”. This means buyers can take more time finding the right home but sellers have a better chance of landing a sale… If you’re considering a move please…
Members of the Ottawa Real Estate Board sold 1,005 residential properties in February, compared with 978 in February 2018, an increase of 2.8 per cent. February’s sales included 756 in the residential property class, a rise of 3.8 per cent from a year ago, and 249 in the condominium property class, a decrease of 0.4…
You could be forgiven if you’ve paid no mind to Ottawa’s real estate market as the action in Toronto and Vancouver has stolen the headlines. But those in the know are already seeing Canada’s capital as a market to watch in 2018 and beyond. Bank of Montreal Senior Economist Robert Kavcic wrote the Ottawa real…
A significant divide has opened up in Ottawa’s housing market, as the city’s economic centre of gravity shifts to the west. The split has been growing for months but rarely has it been as clear as it was in August. While the benchmark price for single family homes climbed 6.6 per cent year over year…
As you and your family enjoy the last days of summer, you might already be anticipating the cold weather that is coming. Many people become so busy with the onset of the school year, or life in general, that cooler air arrives before they are ready for it. That’s why it makes sense to start…
Today marks a rare moment for many of my variable-rate borrowers because the Bank of Canada hasn’t raised its overnight rate in more than seven years, which means there are many among this group who have never experienced a rate rise (this is the part where the older generations shake their heads). Well, after years…
Ottawa’s housing market is becoming much livelier with realtors reporting a nearly nine per cent jump in June year over year, in prices and number of transactions alike. The average sale price for residential properties in Ottawa was up 8.8 per cent to reach $434,500 in June, while prices for condominiums surged 9.4 per cent…
