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 ...

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 ...

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 ...

Buyer Uncertainty Slows Down August ResalesMembers of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a decrea ...

Life after lockdowns, in combination with a series of aggressive interest rate hikes, is causing quick shifts in Ottawa’s real estate market. It’s in tumultuous times like these that Ottawa home buyers and sellers know they can trust a professional REALTOR® to assist them with their purchase or sale. The Ottawa Real Estate Board, known as OREB, is an association of approximately 3,900 regist ...

Things are changing in Canada’s real estate landscape.  After a scorching year for real estate in 2021—a time when home prices smashed records and sales volume rose above the norm—there appears to be a slowdown in the marketplace.   According to the latest numbers from the Canadian Real Estate Association (CREA), home sales recorded over Canadian MLS® Systems dropped 5.6% between May and Ju ...

Residential Resale Slowdown Begins A Shift Towards BalanceMembers of the Ottawa Real Estate Board sold 1,110 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,718 in July 2021, a decrease of 35 per cent. July’s sales included 840 in the residential-property class, down 36 per cent from a year ago, and 270 in the condominium-property category, ...

Members of the Ottawa Real Estate Board sold 1,508 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,122 in June 2021, a decrease of 29 per cent. June’s sales included 1,138 in the residential-property class, down 31 per cent from a year ago, and 370 in the condominium-property category, a decrease of 23 per cent from June 2021. The five-year ...

Summer Real Estate Tips: Selling a Home Why is summer such a great time to sell a home? Well, if you live in a family-friendly area, then real estate is likely booming during this time. That’s because parents with children want to get settled in a new home before the school year begins. This is true whether you live in a place where school starts at the end of July or August, or the beginni ...

Members of the Ottawa Real Estate Board sold 1,846 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,285 in May 2021, a decrease of 19 per cent. May’s sales included 1,384 in the residential-property class, down 22 per cent from a year ago, and 462 in the condominium-property category, a decrease of 11 per cent from May 2021. The five-year ave ...