2016 proves to be a record-breaking year for Ottawa resales

Members of the Ottawa Real Estate Board sold 715 residential properties in December through the Board’s Multiple Listing Service® System, compared with 703 in December 2015, an increase of 1.7 percent. The five-year average for December sales in 656. The total number of residential and condo units sold through the Board’s MLS® System throughout all […]

Canada’s Housing Rules in Full Swing

Happy New Year, folks! 2017 has finally arrived, and for the real estate world, change is in sight. As most of us already know, 2016 brought forth a lot of chatter about several significant changes (decided upon by our government) toward our country’s mortgage and housing rules. Those who will primarily be affected by these […]

Ottawa Real Estate Update: December 2016

[mp_row] [mp_span col=”12″] [mp_text]   2016 was a record breaking year for Ottawa real estate resales! 715 sales in December brought the total number of properties sold throughout the year through Board’s MLS® to 15,537, a 6% increase over 2015. With more properties selling over $500K December also had the highest average sale price ever recorded […]