May 7, 2022
Market Summary: The Ottawa real estate market experienced a noticeable slowdown in April 2022. While still a sellers’ market, prices have given back 2-3% from the March 2022 record highs. Detached homes gained 11.7% from a year ago. They were down about $30,000 on a month to month basis. Townhomes ...
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April 8, 2022
A look at the 2022 Federal budget and it’s impact on Ottawa real estate. Building About $6.5 billion in money allocated to increasing supply long term. Multi-generational renovation tax credit for a secondary unit. Long term these initiative should help increase supply. Tax-Free First Home Savings Account Allows first ...
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April 6, 2022
Market Summary: March 2022 was another record month for real estate prices in Ottawa. Detached homes gained 11.9% from a year ago. They were up about $10,000 on a month to month basis. Townhomes were up 16.2% compared to a year ago and gained about $23,000 on a month to ...
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March 5, 2022
Market Summary: The Ottawa Real Estate market continues it’s upward trajectory uninterrupted. Active listings remain well below 1000 and buyer demand is as strong if not stronger than this time last year. I am expecting a strong spring market as there are multiple buyers for every home available for sale. ...
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December 13, 2021
I am happy to announce that my new website www.kpre.ca now offers sold price data for Ottawa and the surrounding areas. Sold prices can be viewed from the comfort of your home. The data is available for properties that have sold in the last 2 years. Please note registration is required ...
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December 4, 2021
Market Summary: The Ottawa real estate market posted another solid month of activity for November 2021. Overall the market was slightly up when compared to October 2021. On a year to year comparison prices were up about 20%. The biggest gains for November 2021 were seen in condos with month ...
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November 9, 2021
Market Summary: October 2021 was another solid month for real estate in Ottawa. Prices climbed by about $10,000 for both detached homes and townhomes and increased by about $20,000 for condos when compared to September 2021. Days on market continue to be very low as compared to a balanced market. ...
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October 6, 2021
Market Summary: September was a solid and strong month for both home and condo sales. Buyers showed up ready to purchase and I saw more bidding wars than in July and August. Detached home prices climbed by $22,000, townhomes were up $13,000 and condos climbed $18,000 from a month ago. ...
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