Categories for Ottawa Real Estate

Ottawa Real Estate Market Update May 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 Update – April 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

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

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

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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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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