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Ottawa Market Update - April 2023

May 3rd, 2023
Resale Market Springs Back in Favour of Sellers Members of the Ottawa Real Estate Board (OREB) sold 1,488 residential properties in April through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,876 in April 2022, a decrease of 21%. April’s sales included 1,156 in the freehold-property class, down 18% from a year ago, and 332 in the condominium-property category ...

March 2023 Market Update

April 4th, 2023
March Resales: Signs of Spring Surge Sprouting Members of the Ottawa Real Estate Board (OREB) sold 1,194 residential properties in March through the Board’s Multiple Listing Service® (MLS®) System, compared with 2,003 in March 2022, a decrease of 40%. March’s sales included 893 in the freehold-property class, down 40% from a year ago, and 301 in the condominium-property category, a ...

February 2023- Market Update

March 4th, 2023
Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike! Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ag ...

January 2023 - Ottawa Market Update

February 7th, 2023
Resale Market Starts Slow as Buyers Remain Cautious Members of the Ottawa Real Estate Board (OREB) sold 606 residential properties in January through the Board’s Multiple Listing Service® (MLS®) System, compared with 933 in January 2022, a decrease of 35%. January’s sales included 460 in the freehold-property class, down 30% from a year ago, and 146 in the condominium-property cate ...

December 2022 - Market Update

January 19th, 2023
Quiet December Caps Off Tumultuous Year Members of the Ottawa Real Estate Board (OREB) sold 601 residential properties in December through the Board’s Multiple Listing Service® (MLS®) System, compared with 857 in December 2021, a decrease of 30%. December’s sales included 466 in the residential-property class, down 22% from a year ago, and 135 in the condominium-property category, ...

Stage your home for the holidays!

December 14th, 2022
One of the biggest questions that tends to arise in the months leading up to December, is whether or not people should decorate their homes for the holidays while trying to sell. This is an interesting topic, as some people prefer to see what homes look like when decorated, while other people prefer to see the space without the distraction of decorations. We reached out to our RE/MAX Influen ...

November 2022 - Market Update

December 14th, 2022
November Residential Resales: Expectedly Low Members of the Ottawa Real Estate Board (OREB) sold 846 residential properties in November through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,456 in November 2021, a decrease of 42%. November’s sales included 658 in the residential-property class, down 39% from a year ago, and 188 in the condominium-property cat ...

October 2022 - Market Update

November 8th, 2022
Resale Market’s Adjustment and Correction ContinuesMembers of the Ottawa Real Estate Board sold 987 residential properties in October through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,670 in October 2021, a decrease of 41%. October’s sales included 758 in the residential-property class, down 40% from a year ago, and 229 in the condominium-property category, a decrea ...

Preparing your home for fall? Here is what you need to know!

October 13th, 2022
As we transition out of the warmer summer months, it is important to prepare our home for the colder season ahead. While we prepare ourselves by pulling out our long stored jumpers, prepare your home for fall by performing some important maintenance. Although it would be nice to leave fall home prep at fall decor ideas and making the best fall wreath ideas, more important matters such as cle ...

September 2022 - Market Update

October 6th, 2022
Resale Market Continues to Slow as Buyers Remain WatchfulMembers of the Ottawa Real Estate Board sold 1,080 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,601 in September 2021, a decrease of 33%. September’s sales included 816 in the residential-property class, down 34% from a year ago, and 264 in the condominium-property category, a ...
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