Month: February 2018

Low Inventory Could Leave Some Buyers Out in the Cold

Members of the Ottawa Real Estate board sold 712 residential properties in January through the Board’s Multiple Listing Service System, compared with 664 in January 2017, an increase for 7.2 percent. The five-year average for January sales is 638. While January is typically the month we see the lowest number of listings come onto the …

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Mortgage Before Marriage: Buying a Home with a Partner

A growing number of Canadian couples are choosing common-law partnerships over marriage. According to recent census data, nearly 20% of households in Canada now include a common-law couple, and studies by Canadian mortgage insurers indicate that a quarter of all couples with mortgages are now unmarried. While it is certainly not the same as marriage, …

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Ottawa Real Estate Market Update : Low Inventory Continues Into 2018

The Ottawa Real Estate board’s recently released statistics show that home buyers are still actively searching for properties.   Sales were up over 7% (year over year) in spite of the low inventory, which is a trend that is continuing from 2017.  January 2018 listings 994 (RES) and 406 (CONDO) compared with the 5 year 1,396 for …

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Winterlude 2018

The Winter months in the Capital are arguably some of the most enjoyable for its residents and their families. Christmas has passed, yuletide memories have been made, and we’ve welcomed the New Year with wide opened arms. And with the anticipation of new beginnings in 2018, we take in a deep breath of fresh, brisk …

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