Blog

Centrepointe Homes: Finding the Right One

Centrepointe was originally miles of farmland, but was sold in the 1980’s to Minto Corporation, one of Ottawa’s largest housing developers. Since then, it has become a family-friendly neighbourhood and lively community with plenty to offer homebuyers. Community Feel Located in the west end of Ottawa, Centrepointe is unofficially bordered by Baseline Road to the […]

Extra day in leap year causes jump in sales for February

Members of the Ottawa Real Estate Board sold 911 residential properties in February through the Board’s Multiple Listing Service® system, compared with 850 in February 2015, an increase of 7.2 per cent. The five-year average for February sales is 908. The average sale price of a residential-class property sold in February in the Ottawa area […]

Resale Market Eases off In January

Members of the Ottawa Real Estate Board sold 601 residential properties in January through the Board’s Multiple Listing Service® system, compared with 626 in January 2015, a decrease of four per cent. The five-year average for January sales is 618. Residential two-storey and bungalow homes continue to have the highest concentration of buyers, with three-storey […]

MARKET UPDATE

Members of the Ottawa Real Estate Board sold 703 residential properties in December through the Board’s Multiple Listing Service®, compared with 638 in December 2014, an increase of 10.2 per cent. The five-year average for December sales is 653. The total number of residential and condo units sold through the Board’s MLS® System throughout all […]

Mild Weather Spurs on Homebuyers?

Members of the Ottawa Real Estate Board sold 990 residential properties in November through the Board’s Multiple Listing Service® System, compared with 891 in November 2014, an increase of 11.1 per cent. The five-year average for November sales is 944. November’s sales included 199 in the condominium property class, and  791 in the residential property […]

BREAKING NEWS!!!!

Ted McMeekin, the Minister of Municipal Affairs and Housing, informed the legislature that the government will NOT give municipalities the ability to charge a municipal land transfer tax (MLTT).

The Facts for October 2015

↑ Number of combined Residential & Condominium sales was 1,161 Increase of 3.8% compared to 1,119 sales in October 2014 Breakdown: ↑ Number of residential sales was 959 Increase of 3.7% compared to 925 sales in October 2014 ↑ Number of condominium sales was 202 Increase of 4.1% compared to 194 sales in October 2014 […]

Best September on record for number of Ottawa resales

Members of the Ottawa Real Estate Board sold 1,244 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,131 in September 2014, an increase of 10 per cent. The five-year average for September sales is 1,137. Inventory levels continued to decline; by over 4 per cent since last month, bringing the […]

Strong summer performance for Ottawa’s resale market!

Members of the Ottawa Real Estate Board sold 1,279 residential properties in August through the Board’s Multiple Listing Service® System, compared to 1,200 in August 2014, an increase of 6.6 per cent. The five-year average for August sales is 1,234. In addition to an increase in units sold, inventory levels of residential and condominium properties […]

Typical summer resale market in Ottawa July Report

Members of the Ottawa Real Estate Board sold 1,436 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,440 in July 2014, a decrease of 0.3 per cent. The five year average for July sales is 1,380. The average cumulative days on market increased slightly to 78 days, compared to 74 […]

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