After an intense few years, the local real estate market is showing a very slight shift towards calmer waters. Jason Ralph, Broker of Record and President of Royal LePage Team Realty, explains, “The market was so overheated that even a small shift seems drastic, even though it isn’t going back to pre-2020 levels. We are starting […]
Beyond the Sign: The current market shift Read More »
The April 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With supply remaining under one month we continue to be in a seller’s market. Prices are continuing to climb but at a slower, more moderate pace than what we saw earlier in the pandemic. If you’re considering a move […]
Ottawa Real Estate Market Snapshot April 2022 Read More »
The March 2022 Ottawa Real Estate Board Stats are out! Ottawa Real Estate Market Snapshot March 2022: March made for a busy month in comparison to February, however the number of sales were down from March of 2021. No more restrictions may have pushed attention elsewhere but as the weather continues to […]
Ottawa Real Estate Market Snapshot March 2022 Read More »
The February 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: It looks like Spring may come early in Ottawa with an increase of 52% more transactions in February than in January. The rise in activity could be due to the announcement of upcoming interest rate increases pushing buyers to get into the […]
Ottawa Real Estate Market Snapshot February 2022 Read More »
The January 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers. If you’re considering a move we’re here to help answer any […]
Ottawa Real Estate Market Snapshot January 2022 Read More »
The December 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: A typical December resale market but, with Ottawa’s inventory shortage the pressure continues to increase sale prices. The Seller’s market held strong as December had less than one month’s supply of residential homes and condominiums. If you’re considering a move we’re here to […]
Ottawa Real Estate Market Snapshot December 2021 Read More »
The November 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of transactions were down from November of last year however, unit sales were up 14% from November of 2019 (pre-pandemic). Meanwhile the average sale price escalations we’ve seen have lightly tapered off. If you’re considering a move we’re here to help […]
Ottawa Real Estate Market Snapshot November 2021 Read More »
The October 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: It was a common fall October market but if you’re looking to find a balanced market, Ottawa is not the place. With a one-month supply for residential properties the pressure continues to increase prices. If you’re considering a move we’re here to […]
Ottawa Real Estate Market Snapshot October 2021 Read More »
The August 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The August resale market was a typical one during the summer months in Ottawa. Notably, the number of sales for the month was on par with past pre-pandemic figures in August of 2017 and 2018. If you’re considering a move we’re here to …
Ottawa and Real Estate Market Snapshot August 2021 Read More »
Ottawa and Real Estate Market Snapshot August 2021 Read More »
The July 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The slow down in the Ottawa resale market is typical for July as Buyers and Sellers turn their attention to their vacations and other outdoor recreational activities. We are seeing housing stock increase and prices begin to stabilize which may indicate that Ottawa’s …
Ottawa and Real Estate Market Snapshot July 2021 Read More »
Ottawa and Real Estate Market Snapshot July 2021 Read More »