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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 homeowner might use only once a year. If you don’t want to purchase the item […]
Keller Williams often describes itself as a training and consulting company, thinly disguised as a real estate brokerage. We’re always bringing expert educators and speakers to keep our training current, and our knowledge of where Ottawa is headed as a city, as up-to-date as possible. I recently had a chance to attend a superb information […]
The market statistics for March are in. No surprise that we are well ahead of last years numbers. Our average price for a residential-class property was up 8% over last March, sitting at $447,561. In the residential-class property segment, there were 1,302 units sold which is an increase of 11.8% over last March. In the condo market, 358 […]
With the anticipation of Spring, everyone seems to be in a better mood. People in Ottawa will soon come outside again after a long gruelling hibernation. It is also a great time to get a few things done around the house. We are not there yet but I feel we are getting close! Check […]
