Market News

September 2017 – Ottawa Real Estate Board Sales Report

OTTAWA, Oct. 4, 2017 – Members of the Ottawa Real Estate Board sold 1,387 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,365 in September 2016, an increase of 1.6 per cent. The five-year average http://

August 2017 – Ottawa Real Estate Board Sales Report

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.

April 2017 Ottawa Real Estate Board Market News

The month of April was impressive in terms of Ottawa home sales! Prices are up and particularly in the higher price ranges. Condo prices are also up marginally, which is a positive sign. 

March 2017 Ottawa Real Estate Board Market News

Spring began early in Ottawa’s housing market. In the month of March sales were up and inventory was down, resulting in a fast-paced and sometimes competitive market place. If you are thinking of making a move this Spring, put your runners on!

February 2017 Ottawa Real Estate Board Market News

February was a brisk month for Ottawa real estate sales, with everything up, both residential and condo, over last February. Inventory is lower and even homes in the higher price ranges are selling significantly better than last year. All indications point to a strong and busy Spring market! Buckle up and let us know if… Read More >>

January 2017 Ottawa Real Estate Board Market News

2017 is off with a bang! Sales are up 11% over last January. Although it’s too early to predict what spring will bring, the market is buzzing!

December 2016 Ottawa Real Estate Board Market News

The 2016 market finished off on a strong and positive note! December was a very solid month for both residential and condo properties with sales in each class outperforming the same month in 2015. 2016 was a bit slow to start, but by April the market was in full swing. In fact we saw 5… Read More >>

November 2016 Ottawa Real Estate Board Market News

November was a steady month for Ottawa real estate, with condo sales continuing to rise. Overall, things are better this year than they were this time last year and we find ourselves ending 2016 smack dab in a balanced market. Read more…

Tax Break for First-Time Home Buyers

Dear Ontario REALTORS®, We did it. Ontario REALTORS® have lobbied for and won the first tax break for first-time buyers in over ten years. This tax break will help make home ownership more affordable by providing some relief to those Ontarians that need it most – young families. This news came today as part of… Read More >>

October 2016 Ottawa Real Estate Board Market News

Another record-setting month of Ottawa home sales this October, but get this: condo sales led the way! It’s been a few years since we have seen some good things happening with the condo market and the number of sales was up over 27% this October over last. That’s a great sign! Read more…

September 2016 Ottawa Real Estate Board Market News

Record sales for September, prices are holding steady (with hardly any change at all in 2016) and inventory is declining because we are listing fewer properties. Supply and demand is definitely in play! Read more…

Major Changes for Canada’s Housing Markets

Thanks to Sheri Creese of Mortgage Brokers Ottawa for providing the following update.