Categories for Ottawa Real Estate

Ottawa Real Estate Market Update November 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 Market Update October 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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Ottawa Real Estate Market Update September 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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The Liberal Housing Plan – Implications for Home Prices

A look at the Liberal Party’s housing plan and the implications on housing demand, supply and prices. The Liberal Housing Plan is available here for your reference.   Key Insights: Policies and initiatives that increase supply will help balance this market and lead to lower prices (all else being equal). ...

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Ottawa Real Estate – 2021 vs 2020 vs 2019

A graphical representation of the Ottawa real estate market: 2021 vs. 2020 vs 2019.  Key Insights: New listings have reverted back to 2019 seasonal trends. Properties sold per week are also back to 2019 levels. Stress buying (and selling) seems to have ended. Average sale prices (for both condos and ...

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Ottawa Real Estate Market Update August 2021

Market Summary: July and August were quieter as expected. Prices dipped a little as buyers were harder to find. However, there was a definite uptick in activity and prices in the last week of August. I expect September and October to be busy. Active listings have stopped increasing and have ...

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Ottawa Real Estate Market Update for July 2021

Market Summary: The Ottawa real estate market continues to moderate. Prices for detached homes, townhomes and condos all experienced a slight decline (2-5%) from a month ago. Days on market has increased from a month ago and the number of properties sold decreased from June 2021 levels. On a year ...

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Ottawa Real Estate Market Update for June 2021

Market Summary: The Ottawa real estate market has continued to balance out. Days on market and active listings continue to slowly go up while prices for homes, townhomes and condos have been flat over the past few months. Key Insights: This is a great time for buyers that have been ...

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