The Canadian Real Estate Association has released its monthly sales statistics for November 2013, reporting that national home sales were little changed over the month of October. According to the report, national sales processed through Canadian MLS® Systems edged slightly lower, by 0.1%. CREA notes that November sales activity stood at 3.4% below the peak…
According to a report released today by the Ottawa Real Estate Board, home sales in November of this year are on par with sales in the same period of 2012. November was a “slower than average” month for the resale market in Ottawa, with 891 residential properties sold through the Board’s Multiple Listing Service (MLS).…
According to a report released last Friday by the Canadian Real Estate Association, national home sales declined by 3.2% from September to October 2013. Year over year, October’s national home sales saw an increase of 8.3% over October of 2012, when sales had declined as a result of federal mortgage rules being tightened earlier that…
Statistics released today from the Ottawa Real Estate Board demonstrate that resale units sold in October were “right on par” compared to the five-year average for October sales, which is 1,091. Ansel Clarke, past president of the Board, notes that this is a “welcome change” following continuous decreases in the first half of the year.…
Royal LePage released its quarterly House Price Survey this morning, noting strong house price gains in the third quarter of 2013. The survey reports that the average price for a home in Canada increased between 1.2% and 4.1%. Royal LePage president and CEO Phil Soper attributed the increase to the “sharp increase in home sales”…
The Ottawa Real Estate Board has released its MLS sales statistics for September 2013, and reports that the Ottawa real estate market “has started to heat up again”. Sales had decreased in the earlier half of 2013, a result of new mortgage rules introduced last summer. In September of this year, OREB members sold 1,119…
Image from www.montagecondos.ca The Montage is a new condo development by Longwood Builders, located just south of the Billings Bridge Shopping Centre on Bank Street. This Ottawa neighbourhood is already popular for its pockets of residential homes and its quick, easy access to many amenities and beautiful natural escapes. This new condominium community is an…
The Canadian Real Estate Association has reported an increase in expectations for 2013 home sales. In June the organization predicted 443,400 sales for this year, but that number has risen to 449,900 due largely to buyers across the country looking to lock in low interest rates. According to an article published in the Financial Post,…
The Ottawa Real Estate Board recently released its monthly statistics for the month of August, 2013, and reports that while the market has been slow in Ottawa for the majority of the year, “this month’s numbers are quite the opposite”. Members of the Board sold 1,219 residential properties in August of this year, compared to…
The Ottawa Real Estate Board has released its monthly housing statistics for July of 2013, noting a steady market. According to the latest press release, members of the Board sold 1,339 residential properties in the month of July, compared with 1,376 in the same month of 2012. While there is a slight decrease, the number…