Posts Tagged ‘OREB’

July 2016 Ottawa Real Estate Board Market News

Interesting news on the Ottawa Real Estate market front for July! Sales are up over July last year, prices are up only slightly and inventory is down, but things are taking a bit longer to sell. Read all about the July 2016 Ottawa Real Estate Board Market News!

June 2016 Ottawa Real Estate Board Market News

The number of units sold in June was amazing across our board – in fact the highest on record for our market! Prices are holding steady but inventory levels are lower than last year. In our office we are seeing an increase in requests for market evaluations which may make for a busy fall! We… Read More >>

May 2016 Ottawa Real Estate Board Market News

May was a strong month for the Ottawa housing market, as you may have noticed from the “sold” signs around. On our own team, we are happy to report that the condo market is also starting to move.   

March 2016 Ottawa Real Estate Board Market News

Better late than never! The Ottawa Real Estate Board just released the March market stats and the reflected a consistent number of sales with last year. But since then, we are experiencing a real surge in the pace of sales and experiencing a buyer confidence we haven’t seen in some time. Here is the complete… Read More >>

December 2015 Ottawa Real Estate Board Market News

Ottawa finishes 2015 off with a bang! The month of December saw a record breaking number of sales at 703 units (combined residential and condo)…we’ve not seen these kind of numbers for December since back in 2011. We are still seeing a longer number of days on market, with 109 days as an average for… Read More >>

November 2015 Ottawa Real Estate Board Market News

News for condo and residential sales was really good in November! Read on!  

October 2015 Ottawa Real Estate Board Market News

October’s inventory levels have brought us back into balanced market territory. Residential sales are steady and growing over this time last year, while condo sales remain flat. The election is over and we are optimistic about good results for both buyers and sellers in the remaining months of this fall market!        … Read More >>

September 2015 Ottawa Real Estate Board Market News

The fall real estate market is strong out of the gates! September saw record sales in the number of of properties sold. While average days on the market is slightly higher currently sitting at 93 days, prices remain steady with a modest half a percent higher over the same time last year (for residential class… Read More >>

December 2012 Ottawa Real Estate Board Market News

Looking back at the 2012 market, home sales in the first part of the year increased in comparison to the first half of 2011. However, with the introduction of tighter mortgage rules in July, and looming government layoffs, the market seemed to “cool down” for the second half of 2012. Although the government has succeeded… Read More >>

November 2012 Ottawa Real Estate Board Market News

Last year was the best November on record for resale home sales in Ottawa, while this November the sales have come back down to their normal levels.

August 2012 Ottawa Real Estate Board Market News

The number of residential properties sold has decreased compared to August 2011, while the average price has slightly increased. The new mortgage rules came into effect in early July, and this could be an explanation for the decrease in properties sold. Potential home buyers may be waiting to save a bit more money before purchasing a… Read More >>

June 2012 Ottawa Real Estate Board Market News

Although there is a slight decrease in the number of residential properties sold this June, compared to June 2011, it seems to be the norm throughout the years. For the past 10 years, with the exception of June 2011, sales have consistenly and marginally decreased from May to June. This shows stability in the market,… Read More >>