Blog

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).

February Sales Residential & Condominium

Members of the Ottawa Real Estate Board sold 853 residential properties in February through the Board’s Multiple Listing Service® system, compared with 868 in February 2014, a decrease of 1.7 per cent. The five-year average for February sales is 914. The average sale price of residential properties, including condominiums, sold in February in the Ottawa […]

Ontario moves to license condo managers

Things appear to be starting to turn around. Following a year-long review by government and industry officials and condo owner representatives, Queen’s Park recently proposed improving Ontario’s 15-year-old Condominium Act in order to offer condo owners, tenants and buyers greater protection. About 10 per cent of Ontario’s population lives in condominiums and condos represent around […]