Ottawa Real Estate Highlights September 2017
“Steady September contributes to strong third quarter for 2017” It’s hard to believe that the fall real estate market has arrived, but here we are in October! If you’ve been following Ottawa real estate this year you’ll know that it’s been a record breaker, particularly with the number of sales year over year. According to […]
Market update! Latest news in Ottawa Real Estate August 2017 Stats
Condo sales help set new record for August unit sales OTTAWA, September 6, 2017 – Members of the Ottawa Real Estate Board sold 1,538 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,481 in August 2016, an increase of 3.8 per cent. The five-year average for August sales is 1,343. “Condo sales […]
“a Stellar year so far”…Ottawa Real Estate Snapshot June 2017
We are still seeing lower than normal inventory, more multiple offer situations and fewer days on the market which is good for sellers but with prices remaining “relatively steady”, it is also good news for Buyers. Check out the highlights below and send us an email to info@teamrealty.ca for details and info on specific properties, we love […]
Ottawa Real Estate Snapshot May 2017
Another record breaking month in the Ottawa Real Estate market with the highest number of properties sold in one month ever recorded! The Ottawa condo market is gaining significant strength, with 44 Condos sold last month, that’s 44.6% more than May 2016. We are still seeing lower than normal inventory, more multiple offer situations and […]
Latest Real Estate Market Snapshot: April 2017
Curious about what’s going on in the Ottawa Real Estate Market? Below are some highlights of our April 2017 market. Curious about a certain area? Please contact us and/or one of our Sales Representatives for details, we have up to date statistics on all Ottawa neighbourhoods and the surrounding areas. Spring Market Continues to […]
Ottawa Real Estate Update | March Goes Out Like a Lion
Second best March on record for units sold, multiple offers, fewer days on the market and the average price for a residential home over $415K , spring has definitely sprung in the Ottawa Real Estate Market! From the Ottawa Real Estate Board April 5th, 2017 OTTAWA, April 5, 2017 – Members of the Ottawa Real Estate […]
Ottawa Real Estate February Highlights – “Primed for a Competitive Spring Market”
“Spring market primed for a competitive season ahead!” FEBRUARY 2016 MARKET HIGHLIGHTS: 1010 Residential properties were sold through Ottawa MLS® (including 233 in the Condominium class and 777 residential properties) Average Sale Prices: $417, 374 (Res +8.5%) and $258,397 (Condo +4%) Increased number of residential properties selling in the $750K-1Million resulted in a higher Average […]
The Bank of Mom and Dad: Living as Millennials
It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. […]
Canada Celebrates 150 Years!
The milestone has arrived – our country’s 150th year. What better time than now to stand proud and represent our Nation as a united community? We are very fortunate to be living in Ottawa – our Capital. We’ve certainly come a long way since our founders first settled here 190 years ago. Originating as Bytown, […]
2017 is off to a great start!
Update below from the Ottawa Real Estate Board 2017 resale market off to a great start OTTAWA, February 3, 2017 – Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service® system, compared with 598 in January 2016, an increase of 11.5 per cent. The five-year average […]