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…

August Real Estate Market Summary

The Ottawa real estate market experienced a very busy summer period, with this buoyancy of activity looking posed to continue into the fall season. With both residential and condominium sales and home prices up since the same time last year, this positive growth indicates an encouraging active future for the real estate market in Ottawa.…

July Real Estate Market Summary

July Real Estate Market Summary   The real estate market in Ottawa last month continued to be bolstered by condominium sales, with year-to-date condo unit sales up 16.5 percent from July of last year. The market is seeing positive improvement in inventory levels in both the residential and condominium property classes, which bodes well for…

June Real Estate Market Summary

Condominium sales continue to pave the way in Ottawa’s real estate market, with sales rising an incredible 16.8 per cent since the same time last year. This is likely fueled by a current lack of inventory in the lower price points of the residential market. The first half of 2018 saw a decrease of 37…

February Real Estate Market Summary

February Real Estate Market Summary   Currently, the Ottawa real estate market is suffering with a supply side issue. Despite the fact that buyer demand is high, a lack of available properties for sale in both the residential-class and condominium markets, meant that sales were not as high as they could have been in the…

January Real Estate Market Summary

Despite rounding out the year with a strong finish in 2017, sales at the beginning of this year have been markedly low – even after taking into account the fact that January typically sees low levels of new listings. Currently, the Ottawa resale market is facing low inventory challenges in both the residential and condo…

June Real Estate in Ottawa Summary

We are halfway through 2017 and the Ottawa resale market is thriving. Ottawa benefits from still being an affordable and desirable city in which to live and, due in part to this, was named Canada’s best place to live for the second year in a row by This is reflected in the market with average…

May Real Estate Market Summary

According to the Ottawa Real Estate Board, throughout the month of May the city of Ottawa experienced a notable increase in condo sales while surpassing previous monthly records for unit sales in general.  In the condo market alone, there was a 44.6% increase in condominium property class units sold this past May relative to May…

April Ottawa Real Estate Summary

April Ottawa Real Estate Summary   The month of April has been monumental for the real estate industry in Ontario. New provincial real estate policies and an ongoing conversation about cooling the real estate market in Toronto are continually bringing real estate to the news. Meanwhile, here in Ottawa, the April resale market in 2017…

March Ottawa Real Estate Market Summary

As the long-awaited spring season of buying and selling ramps up, people are on the move, and the properties are selling faster and faster. Despite variances in price from neighbourhood to neighbourhood, the average Ottawa property for sale in March was on the market for a mere 82 days. As such, this past March came…