The Ottawa housing market results are in and the numbers for the average sale prices are up again month over month. Our average price for a residential-class property was up 8.6% over last October, sitting at $425,256. The condos are up 6.9% sitting at $269,604. Units sold cooled a little in the condo market last […]
One of my favourite games growing up was Monopoly. I always enjoyed building my empire on the board and watching my older brothers squirm as they landed on my hotels. Early in each game, I was always broke with no money because I was buying up the property on the board. Others would try to […]
In Ottawa, we get hot summers and the popularity of pools has skyrocketed in the last 10 years. Kids love them and it is a great place to cool off. However, not everyone wants a pool. If you are selling your home with a pool you can likely get a premium from most buyers, however, […]
The Ottawa housing market results are in and the numbers for the average sale prices are up again month over month. Our average price for a residential-class property was up 8.2% over last September, sitting at $416,464. The condos are up 3.9% sitting at $261,548. The Ottawa condo market was busy again. Units sold are […]
There have been some recent cases of buyers defaulting on their home purchases long after all the conditions have been met. This is still extremely rare in Ottawa but lawyers are seeing more of it. This can be attributed to the markets in some major cities cooling off in-between when a buyer bought and […]
The Fall season is almost upon us. The kids are getting settled into school and everyone is getting back into a routine. Our little man Aiden just had his first day of school. It was pretty hard seeing him board his school bus for the first time! Kids grow up quick. The Ottawa housing market […]
I hope everyone is having a great summer so far. Our local housing market continues to impress. In July the market was once again well ahead of where we were this time last year. Let’s look at the numbers. These are the average numbers. There are some areas that are experiencing double digit […]
The real estate market in Ottawa is often a very competitive place to purchase real estate. When a house is listed that shows well and is priced aggressively it will often attract more than one buyer. This creates a multiple bid situation. I have been in this situation too many times to count. Twice in […]
Ottawa’s market has been thriving for the first half of 2017. Month over month we are seeing an increase in units sold and average sale prices increasing from last year. Compared to last year at this time, Ottawa homes sales units in both residential and condos property classes are up 13.5%. The average residential sale […]
Last week MoneySense magazine announced the best place to live in Canada. No surprise to me that Ottawa reigns as number #1. Back to back champs! Based on employment rate, household income, health, weather, crime rate, transit and much more Ottawa has been ranked the best place to live in Canada 2017. Ottawa is not […]
