If you have been posted to Ottawa this year and are relocating to the city I have a few tips for you. As you may know, DND headquarters is moving from its current building in downtown Ottawa to Nepean (Ottawa west) to take over the Nortel campus. This is a major project and will be […]
Buyers are just starting to come out of hibernation. It was a harsh winter and this extra cold weather did have an effect on resale numbers in Ottawa. Ottawa Realtors sold 868 properties residential properties in Ottawa for February. Our 5 year average is 914. Condo sales were down 10% from the same period last […]
The Ottawa housing market in January was reasonably brisk compared with sales numbers from one year ago. Realtors in Ottawa sold 627 residential properties in January through the Multiple Listing Service® system, compared with 587 in January, 2014 – an increase of 6.8%. The 5-year average for January sales is 633. Essentially we are right […]
Ensuring your House Hunting Trip (HHT) is successful is my top priority. A standard HHT is 5 days and 5 nights for which you and or your spouse travel to the new location to find your new house. Having planned many Military HHTs within Ottawa, I have created a checklist to help prepare you for your […]
As a member of the Canadian Forces you are responsible for arranging a door to door move when you are relocating. By doing so, you are ensuring a smooth transition between households which allows you have a stress free relocation, be back to work sooner and incur fewer expenses during the moving process. This style […]
As a whole it was a stable year for Ottawa Real Estate in 2014. Sales were fairly flat and prices were up about 1.2%. The average selling price for all housing types was $361,712, an increase of 1.2 per cent over 2013. The most significant change we have seen in the market is the build […]
Every year I go through statistical reports from CMHC, top brokerages, economists, and our local real estate board. My objective in this research is to try and get a feel for where the market is heading in the upcoming year. I also poll other Realtors in my office to try and get a gauge on […]
‘Tis the Holiday Season! It sure came around quickly! Let’s hope the winter passes by just as quickly!! Members of the Ottawa Real Estate Board sold 893 residential properties in November through the Board’s Multiple Listing Service® system, compared with 888 in November 2013, an increase of 0.6 per cent. The five-year average for November […]
Members of the Ottawa Real Estate Board sold 1,121 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,089 in October 2013, an increase of 2.9 per cent. The five-year average for October sales is 1,076. The local residential listing inventory is up 12.5% from 2013, with 7,550 active listings at […]
Our community is fortunate to enjoy one of the most stable real estate markets in Canada. Overall the Ottawa real estate numbers for September are right in line with 2013’s. Condos are the only segment that is struggling a little bit right now. Inventory in this segment remains very high. This is putting downward pressure on […]
