The Canadian Real Estate Association has released its national sales statistics for March of 2014, revealing that home sale activity across the country edged up 1% on a month-over-month basis. According to CREA, this increase “builds on the monthly gain of 0.6 per cent the previous month, but leaves activity closer to the low reached…
According to a poll released yesterday from the Royal Bank of Canada, more young Canadians believe that home ownership is a good investment. The home ownership poll reports that 86% of Canadians aged 25-34 believe owning a home is a solid investment, an increase over the 2013 reading of 78%. Young Canadians’ attitude towards home…
Royal LePage Canada released its quarterly House Price Survey this week, reporting that “an influx of housing inventory and pent-up demand” have fueled a strong start to the spring real estate market across the country. The Royal LePage House Price Survey is the largest, most comprehensive study of its kind in Canada, with information on…
Located in the heart of Hintonburg, the Eddy is a new condominium project from Windmill Development Group Ltd. and is scheduled for completion this year. The building is an example of exciting new growth coming to Ottawa’s Hintonburg neighbourhood, a quiet residential area between downtown and Westboro. The new project is expected to have a total of…
UPDATE TO MARKET STATS – The Ottawa Real Estate Board has released an update to its March sales statistics, due to an input error when originally collecting the March statistical reports. The updated sales statistics for March are provided below from the OREB website: Ottawa, April 11, 2014 – Due to an input error when collecting…
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…
Hillside Vista is a new condominium and townhouse community coming to Orleans. The project, from Phoenix Homes, will feature 153 units ranging in style from townhomes to apartment suites and flats, offering buyers a wide selection of floor plans to choose from. The community will be centrally located at St. Joseph Boulevard and Tenth Line…
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…