Categories for Ottawa Real Estate

Ottawa Real Estate Average Sale Price by Week

Ottawa average sale prices for 2021 are well above 2020 and 2019 levels. This pop in prices was fueled by low mortgage rates and the work from home segment. It will be interesting to see how the spring market unfolds. Inventory levels are very low. However the number of transactions ...

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Ottawa Real Estate Sold Properties by Week

This graph shows a strong start for the 2021 Ottawa real estate market. Sold properties per week are above 2020 and 2019 levels. My expectation is that sold properties per week will follow a similar trendline as 2019 reaching a peak in May or June. ...

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Ottawa Real Estate New Listings by Week

This graphs shows the dip new listings took in 2020 as people stayed home. I expect new listings in 2021 to be closer to the trendline set in 2019. This will provide more inventory for the spring market as compared to 2020. ...

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Ottawa Real Estate Market Update – Feb 2021

Ottawa real estate prices continued to climb year over year for February 2021. Once again we are seeing the strongest demand for detached homes and townhomes. Active listings are down over 50% from last year and properties sold increased resulting in a low inventory of available properties.   ...

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Exclusive Townhome for Sale in Orleans

Pictures available at: http://530tungstenterrace.com/ Listing Details: https://www.kirilpeev.ca/homes-for-sale-details/530-TUNGSTEN-TERRACE-OTTAWA-ONTARIO-K4A-0T7/15800217/0/ ...

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Lock in your mortgage rates on pre-approvals.

Canada mortgage rates will most likely be going up this spring. The 5 year yield rose about 0.5% over the past two months. While the 10 year yield rose about 0.7% since the start of 2021. We are starting to see lenders raise their mortgage rates which is normal and ...

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Ottawa Rental Market – Active Listings vs Rental Prices

Ottawa rental prices are fairing decent given the increase in active listings in the downtown core. Listings jumped from a low of 100 to about 300 over the past 12 months. Rental prices seem to be in line with the longer 10 year trend, though there is downward pressure. All ...

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Ottawa Luxury Real Estate Market

The luxury $1M+ market in Ottawa offers value through more inventory and less buyer competition compared to the overall market. Varying from 2-5 months of inventory over the past year this market segment offers significantly more inventory than the overall market which currently sits at half a month of inventory. ...

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