December Real Estate Market Summary

As another year draws to a close, Ottawa RealtorsⓇ can look back on 2018 with pride. While larger cities within Canada have struggled with rising home prices for residents, Ottawa offers both strong employment opportunities and continued affordability for those looking to purchase homes here. However, the Ottawa real estate market was not without its…

Closing on a Home: What to Expect

  You spent months searching for your dream home and, at long last, you found it! You’ve since negotiated a deal, secured a mortgage, and now you’re ready to finalize everything. But do you know what to expect when closing on a home? To prepare you, here are some things to look out for:  …

November Real Estate Market Summary

Condominium sales continued to lead the way last month, as November saw a higher average price percentage increase than single-family residential sales. Thanks to strong condo sales over the last two years, the oversupply that previously existed in this area of the market has stabilized. This could also be attributed to a tight rental market,…

October Ottawa Real Estate Market Summary

October Ottawa Real Estate Market Summary As we move further into fall, the affordability of Ottawa in regards to the rest of the Canada’s housing markets continues to ring true; residential average prices are up approximately 6% year over year, yet continuing to come in under $450,000. Condo prices continue to remain stable and hovering…