Steady as she goes for the Ottawa resale market in 2012

Members of the Ottawa Real Estate Board sold 618 residential properties in December through the Board’s Multiple Listing Service® system, compared with 695 in December 2011, a decrease of 11.1 per cent. The five-year average for December sales is 617. The total number of homes sold through the Board’s MLS® system in 2012 was 14,308, […]

Buying brand new is getting more expensive

Buyers often don’t have the advice of realtors when they are buying from a builder. For this reason, many don’t look closely at the Agreements of Purchase and Sale. Let’s face it – these Agreements have always been one-sided. There are a couple of new things inserted into the standard Agreements recently. Some builders are […]

A chilly November for Ottawa sales

With the cooler weather, comes a slight “cool down” in the Ottawa resale market. While the average sale price increased, the number of units sold decreased on a year over year analysis. Members of the Ottawa Real Estate Board sold 931 residential properties in November through the Board’s Multiple Listing Service® system, compared with 1,023 […]

A few tips

With the cold weather here, these are a few ideas to help prevent your pipes from freezing. 1. Open the cupboards under your sinks to let the warm air inside 2. Open your attic hatch, again, to let the warm air into your roofspace 3. Do not close interior doors – it is important to […]

Barrhaven – $289,900

Welcome home! Delightful 3 bedroom, 2.5 bathroom townhome in a desirable neighbourhood. This family home features many updates including hardwood floors, roof shingles, gas furnace, and much more! The finished lower level with a wood-burning fireplace provides for many versatile uses. 5 appliances included! 90 day / TBA possession. Shown with pride @ 70 Danaher […]

Ottawa market picks up as the leaves fall

As the leaves continue to fall in Ottawa, we are seeing an increase in units sold, as well as an increase in average sale price. Members of the Ottawa Real Estate Board sold 1,073 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,059 in October 2011, an increase of 1.3 […]

September sales historically on track in Ottawa

“There has been a lot of attention recently on the need to “cool” the real estate market across the country,” said Ottawa Real Estate Board President, Ansel Clarke. “While there may be a need in some areas, we emphasize that real estate is local, and conditions and prospects will vary among major market areas and […]

Weekly tip – Ladder safety

Remember this formula if you want to be safe next time you’re up on a ladder. Divide the ladder’s height by four to figure the farthest distance you can safely stand your ladder from a wall. So, for instance, you would need to place a 12 foot ladder 3 feet or closer to the wall.

Market update

The Ottawa Real Estate Board reported unit sales of 1,141 in August a decrease of 14.1% from August 2011. The 5-year average for sales in August is 1,234 units.  The average sale price was $346,949, an increase of 2.5% over August 2011. New listings were down from the previous month and up from August 2011. […]

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