Blog

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 […]

Busy spring market continues in June

Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June is 1,664. Year-to-date sales for the first half of 2015 are up 4.9 per cent over the first […]

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