The Ottawa Real Estate Board (OREB) has released its monthly sales statistics for October 2014, reporting that 1,121 residential properties were sold by OREB members throughout that month. Compared to 1,089 homes sold in October of 2013, this is a year-over-year increase of 2.9%. The five-year-average for October home sales is 1,076. Higher Listing Volume…
According to the Ontario Real Estate Association (OREA)’s Ontario Home Ownership Index from earlier this year, 57% of Ontario residents believe that the province’s real estate market is favourable. The Home Ownership Index is a semi-annual province-wide research study commissioned by OREA, designed to reflect on the outlook of Ontarians when it comes to the…
Statistics released last week by The Ottawa Real Estate Board indicate that the real estate market in the city continues to be “one of the most stable real estate markets in Canada”, with 1,133 residential properties sold last month across Ottawa neighbourhoods. According to the latest report, “units sold and the average sale price in…
The Canadian Real Estate Association has released the latest statistics on the housing market across the country, reporting that August saw a 1.8% increase in sales over the month of July. The statistics reflect homes sold through MLS® systems of Canadian real estate Boards and Associations, including the Ottawa Real Estate Board. The rise of…
The Ottawa Real Estate Board has released its monthly sales statistics for the month of April, 2014, reporting a 1.1% decrease in home sales compared to the same month in 2013. Members of OREB sold 1,203 homes in the month of August, and while property sales decreased slightly over last year, August’s sales remain above…
The Canadian Real Estate Association (CREA) has released its national home sales statistics for the month of July, 2014. According to the latest report, home sales activity increased by nearly 1% in July over the previous month, with home sales processed through the MLS® Systems of Canadian real estate boards rising 0.8% on a month-over-month…
The Ottawa Real Estate Board has released its monthly sales statistics for July, 2014, reporting 1,445 home sales across the city. This is an increase of 8.2% over the 1,335 sales recorded in the same month of 2013. The five-year average for Ottawa’s home sales in July is 1,317. Despite a slow start to the…
The Canadian Real Estate Association (CREA) released its latest statistics on the national housing market yesterday, reporting a 0.8% increase in sales activity on a month-over-month basis. Actual sales activity (not seasonally adjusted) rose 11.2% compared to June of last year, while the national average sale price increased 6.9% on a year-over-year basis. National Home…
Royal LePage released its Quarterly House Price Survey and Market Survey Forecast this morning, projecting that home prices across the country will increase steadily for the remainder of 2014. In the second quarter of this year, home prices increased between 3.9% and 5.2%, with increases posted across various property types. Detached bungalows saw the highest…
