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Ottawa Real Estate Market Update May 2022

June 8, 2022

Market Summary: The Ottawa real estate market continued to slow in May 2022. Homes sold decreased by about 20% from a year ago and active listings were up about 18% from a year ago. Detached homes gained 6.7% from a year ago. They were down about $10,000 on a month ...

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Ottawa Real Estate Market Update

Ottawa Real Estate Update – April 2022

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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Canada Federal Budget 2022 and the Impact on Ottawa Real Estate

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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March 2022 Ottawa Real Estate Market Stats

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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Ottawa Real Estate Market Update February 2022

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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Sold Prices Ottawa

Ottawa Real Estate – Sold Prices

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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Ottawa Real Estate Market Update November 2021

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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Ottawa Real Estate Agent Kiril Peev

Ottawa Real Estate Market Update October 2021

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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