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…
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…
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…
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…
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…
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,…
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…
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…
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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