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OTTAWA MARKET UPDATE FOR AUGUST 2018

  The Ottawa summer real estate market was busier than normal. No surprise to see strong August numbers coming through from the Ottawa real estate board. I think this trend will continue in the fall months ahead.  The city continues to have low inventory which has put an upward pressure on prices. Even with the […]

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CANNABIS LEGALIZATION AND ITS IMPACT ON INVESTMENT PROPERTIES

  As an owner of Ottawa investment properties, the upcoming legalization of marijuana is another element that needs to be considered when finding tenants. When this law is passed it would grant the right for individuals to grow up to four plants in their home. I certainly don’t want them growing those plants in my […]

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INVESTING IN OTTAWA REAL ESTATE

I think everyone should have at least one real estate investment. Something brick and mortar in their portfolio. I have learned that many of the high net worth people I have met include real estate as an integral component. I am a big believer in Ottawa real estate. I truly believe that in 25 years […]

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OTTAWA MARKET UPDATE FOR JULY 2018

  It was another robust month of sales in Ottawa real estate. Over 1600 properties changed hands. That is a big number considering the 5-year trend is at about an average of 1500 units sold in July. Sales are up 6% compared to last year same time. Residential prices are up 5% over July of […]

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OTTAWA MARKET UPDATE FOR JUNE 2018

  The Ottawa real estate market continues to impress. We are certainly the leader in Canada right now in terms of market activity. Let’s look at the numbers. Our average price for a residential-class property was up 3.4% over last June, sitting at $449,200. In the residential-class property segment, there were 1,615 units sold which […]

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SELF DRIVING CARS AND THE FUTURE OF REAL ESTATE

I was having this discussion with a client last week. We were talking about what I think the future might hold for Ottawa real estate. Ottawa is a very spread out city and commuting is becoming more challenging every year. This has made areas close to the city core especially desirable for home buyers.  This, […]

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OTTAWA MARKET UPDATE FOR MAY 2018

  Housing inventory has been a concern this year and is so far not keeping up with the insatiable demand for Ottawa real estate. Our inventory is at historically low levels. Especially in the central locations. This will continue to put upward pressure on prices. In May I witnessed a few houses sell for way […]

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OTTAWA A BARGAIN COMPARED WITH GTA

Everyone knows that Toronto prices are crazy but it is always hard to put it in context in terms of what something similar here in Ottawa would sell for. I decided to dig a bit deeper and figure this out. I wanted to find something in a similar suburban-style community in each city. The easiest way to […]

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OTTAWA MARKET UPDATE FOR APRIL 2018

  Ottawa is now the hottest real estate market in Canada! Move over Toronto and Vancouver. The market strongly favours sellers in most neighbourhoods. It is a good time to be a seller! Inventory has been tight most of the year. This past week I have seen a glimpse of hope as we are starting […]

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CLIENT APPRECIATION INITIATIVE

We are launching a new client appreciation initiative that compliments our mission. We are committed to bringing value to our clients long after they have fulfilled their real estate needs. We will be stockpiling items of utility that the average home owner might use only once a year. If you don’t want to purchase the item you […]