The real estate market is currently undergoing some fascinating changes. With two recent quarter-point interest rate hikes by the Bank of Canada, buyers are understandably feeling the pinch as prices rise. Interestingly the statistics reveal a more complex picture; sales are still strong, even outpacing the previous year and we are returning to a more […]
We know that the Ottawa real estate market has undergone significant changes in the past 2-4 years, most recently shifting from a straightforward seller’s market to a more complex environment. The change is due to several factors, such as increased interest rates and reduced buying power, which have collectively led to a softening of sale […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
Big news from the Bank of Canada today: interest rates have increased by a quarter percent. This puts the BOC rate to its highest spot since 2001. This will have an impact on buyers affordability in the market place. They are trying to cool this market and I believe this will do just that. Buyers […]
When it comes to the world of Ottawa real estate, stumbling upon an extraordinary property that captures everyone’s attention is a rare find. But every once in a while, a house emerges that captivates the market. Enter 5406 Mansel Crescent – a true masterpiece that has swiftly become our favorite listing. Working with the […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
The spring market hits its peak stride in May. Historically it is the busiest month of the year and this May is no exception. The surge in activity can be attributed to a slow start in January and February. Sales in May rose by seven percent compared to the previous year, signaling a positive shift […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
We wanted to share a story of a recent listing. It presented a challenge we hadn’t faced before. The condo was permeated with cigarette smoke. We always rise to a challenge and this was no exception. We got to work assisting our seller with recommendations for alleviating the issue. Our seller was very receptive […]
With prices in the city continuing to increase, many of our buyers are starting to look at purchasing just outside the city. Our team has put together the latest statistics for Carleton Place, Russell, and Embrun. All of these statistics are based on MLS OREB sales from January 1, 2022, to April 30, 2022, over […]
