In this quick update, Chris shares his latest insights on the Ottawa real estate market. With inventory levels slightly higher than usual and prices remaining stable over the past year, the fall season is shaping up to be busy. Chris expects a balanced market, offering fair opportunities for both buyers and sellers. Curious about what’s happening in your neighborhood? Watch the video and reach out to our team for personalized advice.
Here’s the newest Suburban Statistics Series update. We’re highlighting stats for the five biggest urban neighbourhoods in Ottawa. Since Ottawa is pretty spread out, it’s interesting to see how things vary in each area. These stats are all based on MLS OREB sales from January 1, 2023, to August 31, 2023, compared to the same period from January 1, 2024, to August 31, 2024.
After a fantastic team meeting discussing the latest market trends, we decided to share our insights with you. This past week has been a busy one, with four conditional sales and a noticeable uptick in buyer activity. We’re seeing a range of dynamics – from competitive offers on new listings over a million dollars to increased interest in properties that have been on the market for a while. We’re also keeping a close eye on potential interest rate changes, with optimism around rates coming down soon. This could create more opportunities for both buyers and sellers in a market that feels balanced and full of potential. If you’re looking to buy or sell, or just want to chat about your neighbourhood’s unique market trends, our team is here to help.
Chris talks all things inventory, new listings, and whether it is a balanced market. For more detailed insights and advice, check out our latest update.
Here’s the newest Suburban Statistics Series update. We’re highlighting stats for the five biggest urban neighbourhoods in Ottawa. Since Ottawa is pretty spread out, it’s interesting to see how things vary in each area. These stats are all based on MLS OREB sales from January 1, 2023, to July 31, 2023, compared to the same period from January 1, 2024, to July 31, 2024.
Join Colin for a quick update on the latest happenings in Ottawa and beyond. With national unemployment rates and recent changes in the Bank of Canada’s lending rate, the real estate market is experiencing some interesting shifts. Buyers are finding more options, while sellers need to focus on making their properties stand out. For more detailed insights and advice, check out our latest update.
Here’s the newest Suburban Statistics Series update. We’re highlighting stats for the five biggest urban neighbourhoods in Ottawa. Since Ottawa is pretty spread out, it’s interesting to see how things vary in each area. These stats are all based on MLS OREB sales from January 1, 2023, to June 30, 2023, compared to the same period from January 1, 2024, to June 30, 2024.
Join Colin for our latest market update as he reviews the first half of the year and looks ahead to what’s coming. Thanks for your continued support, and enjoy your summer!
This month, Chris shares insights on the Ottawa real estate market, noting stable sales numbers compared to last year, an increase in new listings, and varied pricing strategies among sellers. Some homes are selling quickly in competitive situations, while others face price reductions. Check out our latest market update for more!
Here’s the newest Suburban Statistics Series update. We’re highlighting stats for the five biggest urban neighbourhoods in Ottawa. Since Ottawa is pretty spread out, it’s interesting to see how things vary in each area. These stats are all based on MLS OREB sales from January 1, 2023, to May 31, 2023, compared to the same period from January 1, 2024, to May 31, 2024.
