The holidays are a time to slow down, take things easy, and spend time with loved ones. As we wrap things up for 2019 and look towards more exciting times in the year to come, we can reflect on a hugely successful year for Ottawa real estate. The resale market in Ottawa went from strength…
Despite continued low inventory in the Ottawa real estate market, Days on Market (DOM) for both residential and condominium properties have decreased significantly over the last year, with residential properties only remaining on the market for an average of 33 days before being sold. This time last year, condominiums could expect to stay on the…
The Ottawa Real Estate Board (OREB) has released its home sales statistics for the month of December, 2014, reporting that residential property sales increased 5.1% year-over-year. There were 640 residential properties sold across Ottawa last month, compared to 609 homes sold in December of the year before. The five-year average for the period is 637…
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 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 Ottawa Real Estate Board released its monthly sales statistics for April today, reporting that the spring resale market has been slow to bloom in Ottawa. Members of the Board sold 1,420 properties through the Board’s Multiple Listing Service in April, which is a decrease of 9.5% over April of 2013, which saw 1,569 sales.…
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…
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 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…
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).…