The spring real estate market in Ottawa is fast approaching! Now is the perfect time to consider either selling your house or starting the search for your dream home. It might not feel like spring yet, but there are lots of new listings across the city for potential buyers to take a look at. Weekends…
Have you joined the Dominion Lending Centre Hockey Pool yet? Play for your chance to win a share of over $20,000 in guaranteed cash prizes plus a chance to compete for a $100,000 bonus prize! It’s free to register, then all you need to do is pick your fantasy hockey lineup each week. If you know…
In a report released today, the Canadian Real Estate Association (CREA) has updated its home sales activity forecast and extended the outlook to 2015. When compared to previous years, national home sales activity via the Multiple Listing Service® has started at lower levels in 2014. In part, the comparatively lower sales reflect strong levels activity recorded…
According to statistics released today from the Ottawa Real Estate Board, Ottawa continued to see a “steady resale market” in February 2014. Members sold 870 residential properties through the Multiple Listing Service, which is a decrease of 3.7% compared to 903 sales in February of last year. “February sales are down slightly year-over-year, despite the…
Statistics released today from the Canadian Real Estate Association report that home sales activity posted its fifth consecutive month-over-month decline in January 2014. The number of homes sold through MLS and other co-operative listing systems fell 3.3% on a month-over-month basis. Sales activity is 9.1% below the peak reached in August of 2013. According to…
Statistics released today from the Ottawa Real Estate Board show a soft landing for the resale market in the city. Members sold 589 residential properties through the Board’s MLS® system in January, compared to 594 properties in January 2013. OREB President Randy Oickle notes that “residential sales this January were virtually identical to January 2013.…
The winner of our 100th Anniversary 1913 Ford Model T Promotion has been announced! Congratulations to Jill Byvelds, a a client of the Oldford team out of Team’s Winchester branch. To help celebrate Royal LePage’s 100th anniversary, Ottawa’s Performance Realty, Team Realty and Gale Real Estate brokerages ran a contest with the grand prize of…
Statistics released this week by the Canadian Real Estate Association demonstrated a third consecutive month-over-month decline in national home sales activity. The number of home sales processed through co-operative listing systems such as MLS® decreased by 1.8% from November to December, with sales down in about 60% of local markets. According to CREA President Laura…
Royal LePage has released its House Price Survey and Market Survey Forecast, reporting that the average price of a home in Canada increased between 1.2 per cent and 3.8 per cent in the fourth quarter of 2013. According to the report, prices are expected to maintain “healthy momentum into 2014.” The survey indicated that year-over-year…
The Ottawa Real Estate Board has released its residential resale statistics for the month of December, 2013. 610 properties were sold through the Board’s MLS system in December, compared to 615 properties sold in December of 2012, a decrease of less than one percent. Of these sales, 145 were in the condominium property class, which…