April Ottawa Real Estate Summary

The current spring real estate market in Ottawa has been described as a ‘Catch-22’ situation by Dwight Delahunt, President of the Ottawa Real Estate Board. The continued low supply of homes for sale, when paired with the recently introduced mortgage stress test and rising home prices, means that new buyers may be limited in their…

March Real Estate Summary 2019

  Compared to previous months, Ottawa’s real estate market has seen a significant slowing down down this March. This drop in residential unit sales can be attributed to the continued lack of inventory that the Ottawa real estate market has been experiencing for some time. This depletion of supply is contributing to significant reductions in…

February Ottawa Real Estate Market Summary

The Ottawa real estate industry can look forward to a strong spring market, thanks to a strong and stable February. Last month, year-to-date unit sales were 8% higher in both the condo and residential categories, indicating a continued positive trend as we move further into 2019.   “The Ottawa market is well ahead of inflation…