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 […]
We were talking today about some embarrassing moments being a Realtor. I have had a few. The front runner was pretty easy to identify. I was waiting in my car for my chance to present an offer on behalf of my clients. We were in a multiple bid situation. It was an unusually dark night. […]
The children are back in school – a sure sign that summer is coming to an end! Members of the Ottawa Real Estate Board sold 1,203 residential properties in August through the Board’s Multiple Listing Service® system, compared with 1,216 in August 2013, a decrease of 1.1 per cent. The five-year average for August is […]
It now looks like the initial move of DND employees to the former Nortel Campus on Moodie Drive at Carling has been delayed until late 2015. The original plan was for the first group of 3,300 employees to start moving in January of 2014. Eventually, 8,500 military and civilian employees will move to the new […]
Imagine going into a bidding war on a house against your best friend. Well, I was the Realtor caught in the middle. It was a cold, snowy night in Ottawa. I was on my way to show a house that had just come on the market to some really close friends of mine. It looked […]
Second highest July sales on record For those of you who like really hot weather, this has not been the best summer. It has, however, been a good summer – at least so far – for real estate. Members of the Ottawa Real Estate Board sold 1,445 residential properties in July through the Board’s Multiple […]
Ottawa’s housing market continues to be strong and balanced as June’s numbers indicate. It is really a fair market for both Ottawa home buyers and sellers alike. This is indicated in a very reasonable “days on market” (the number of days from listing start until sold date). In Ottawa we have an average days on market that is holding […]
This year was a very active posting season here in Ottawa. I had the opportunity to work with some wonderful military clients relocating to the city. Every HHT is different. Just to give you an idea where my 2014 Ottawa HHT clients have purchased so far: Bridlewood (Kanata) Carlingwood (near Westboro) Morgans Grant (Kanata) Half […]
Spring Buyers have come out of hibernation! Members of the Ottawa Real Estate Board sold 1,792 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,797 in May 2013, a decrease of 0.3 per cent. The five-year average for May is 1,765. April was a bit slow for the Ottawa market […]
