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 […]
A story on the “hot” Ottawa housing market was recently featured in the Globe and Mail. I have been a Realtor for 14 years and I have never seen an article in this paper about Ottawa’s market. This National coverage is usually only reserved for the big markets of Vancouver or Toronto. Our housing market […]
Multiple offers are always a possibility in some of Ottawa’s most desirable neighbourhoods. With inventory levels at record lows and demand, sky-high multiples are happening across the city and right into suburbia. The hottest segment in the city right now is a suburban townhouse. This was never the case in previous years! Amazing to […]
The Ottawa housing market has been extremely active over the past 6-9 months. It has been quite amazing to observe. New regulations and rising interest rates have some homeowners wondering if we have seen the last of these price gains. Here is a market minute update: Our local economy is strong and consumer confidence […]
