Blog

SUBURBAN STATISTICS UPDATE FEBRUARY 2023

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 […]

TOP 5 THINGS TO CONSIDER WHEN BUYING A HOME

Buying a home can feel overwhelming for many. That’s why it’s so important to get the guidance of a great Ottawa Realtor. Our team can certainly help you navigate this stressful time and help make it enjoyable and stress-free.   There are so many things to take into consideration when buying a house. Here are a […]

OTTAWA MARKET UPDATE: JANUARY 2023

With interest rates potentially holding steady the Ottawa market may be on the verge of heating up. Buyers are still super cautious but there are plenty of well-qualified buyers in the marketplace right now. Judging by full open houses and good showing activity. The challenge is that no buyer wants to make a large purchase […]

SUBURBAN STATISTICS UPDATE JANUARY 2023

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 […]

INTEREST RATES RISE AGAIN

  The Bank of Canada announced a small interest rate hike this week, up .25%, seeing the rate now sitting at 4.5%. This is the smallest of the rate increases since last March. I don’t think it will make a big impact in Ottawa. What this will do is bring further stability to our market […]

WE’RE HIRING

REAL ESTATE ADMINISTRATOR The ideal Administrator for The Chris Scott Team will be someone who already has Real Estate industry experience or an administrative position background. This person would be interested in the operations and administrative aspects of the business, rather than sales. If the idea of implementing systems, building out a structure, and creating […]

ANNUAL REAL ESTATE REPORT: OTTAWA 2022 IN REVIEW

OTTAWA REAL ESTATE REPORT Ottawa 2022 Real Estate Market Report Review This past year was one that I will not soon forget! In the beginning of January I remember one of our team listings selling with 20 plus offers on it for an absolutely surprisingly high price. The ensuing few months brought more of the […]

SUBURBAN STATISTICS UPDATE NOVEMBER 2022

Here is the second 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 from […]

OTTAWA MARKET UPDATE: NOVEMBER 2022

The Ottawa resale market has continued to cool this past month. Sales are down by 42% over November of last year. With average prices down 5.2 % in the same period. Important to note however prices are still up YTD by 7%. The decline in sales volume is concerning. Buyers are just waiting to see […]

SUBURBAN STATISTICS UPDATE OCTOBER 2022

As a new monthly value-added feature, we present the Suburban Statistics Series. Each month we will present 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 from January […]