May Real Estate Summary

Condominium sales continue to boost the Ottawa resale market, providing an excellent opportunity for both first-time homebuyers looking to get on the property ladder and homeowners looking to downsize. Condo sales have seen a 14 percent increase over the last year.   “Despite the continuous free fall of inventory levels, we still have a higher…

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The Best Events in Ottawa this Summer

After a long cold winter, Ottawa is finally welcoming summer with open arms! As we shake off the last of winter’s chill and look forward to longer, sunnier days, we can get excited about all the fantastic things happening in the Nation’s Capital this summer. From family-friendly events to music festivals and street parties, we’ve…

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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…

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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…

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