Members of the Ottawa Real Estate Board sold 627 residential properties in January through the Board’s Multiple Listing Service® system, compared with 587 in January 2014, an increase of 6.8 per cent. The five year average for January sales is 633. The average sale price of residential properties, including condominiums, sold in January in the […]
The Ottawa Real Estate Board reported 1,121 unit sales in the month of October, an increase of 2.9% over October 2013. Weak sales of condominium units was bolstered by a surge in sales of residential units. The five year average for the number of sales in the month of October is 1,076 units. The number […]
The Ottawa Real Estate Board reported 1,133 unit sales in the month of September, this is a small increase of 1.3% over September 2013. The five year average for the number of sales in the month of September is 1,103 units. The average sale price increased by 3% over last September and was at $356,915. […]
The Ottawa Real Estate Board reported 1,203 unit sales in the month of August, a decrease of 1.1% over August 2013. This is slightly above the five year average for the number of sales during the month of August. The number of new listings increased during the month of August and represents a 12 % […]
Without a will, one’s passing is deemed to be “intestate”. Simply put, this means that the provincial government decides how your assets will be divided, and not you.
My heartfelt gratitude to those of you who have contributed to my success as a realtor. You have helped me achieve membership in the National Chairman’s Club – the top 1% of the Royal LePage residential sales force in Canada – again this year. And because this is my 10th year for winning this honour, […]
Ontarians seem hopeful about the provincial real estate market, according to new research conducted by the polling firm of Ipsos Reid for the Ontario Real Estate Association (OREA). One third of Ontarians (33%) say the market will strengthen rather than weaken (21%) in 2014. Looking even further ahead – 10 years’ time – significantly more […]
The Ontario legislature recently passed a bill to make carbon monoxide detectors mandatory in homes across the province. The legislature voted to support a private member’s bill requiring home owners to install carbon monoxide warning devices just as they would smoke detectors. The bill passed unanimously in the legislature.
Canada Mortgage and Housing Corporation (CMHC) expects total housing starts to be stable in 2014, as fundamentals such as employment growth and migration continue to support the Canadian housing market. That’s the forecast contained in CMHC’s fourth-quarter outlook report.
The Ottawa Police Service Organized Fraud Unit is investigating public complaints of real estate fraud using online classified sites. Unknown suspects are duplicating genuine online postings of area properties at a drastically reduced asking price. To date, phony ads have been posted on Kijiji and ForSaleByOwner.ca. The suspect(s) represent themselves as agents for the property […]