Source: OREB What happened in the Ottawa market in April 2024? With our weather heating up, so is the Ottawa market. This past April we saw prices continuing the upward trend we’ve seen over the past four months. The average price of homes sold has continued to increase by 1.2% as compared to April 2023
What happened in the Ottawa market in March 2024? As we dive into spring, take a look at the Ottawa market trends of March 2024 as gathered by the Ottawa Real Estate Board (OREB). This past March, the market continued its upward trajectory, with the number of homes sold via the MLS® System. And looking
What happened in the Ottawa market in February 2024? Explore the latest trends in Ottawa’s real estate market, as reported by the Ottawa Real Estate Board (OREB). February saw a notable increase in both home sales and listing activity compared to the same period last year, demonstrating promising growth. We saw a steady appreciation in
Let’s refresh on the numbers for our Ottawa market updates Navigating Ottawa’s real estate market demands a clear grasp of property valuation methods. If you’re following us on social media, you may have noticed our Ottawa market updates adopting a fresh look. This shift reflects the Ottawa Real Estate Board’s (OREB) adoption of the Canadian Real
Did you know that 9 out of 10 millionaires get rich from real estate? And the reason is not far-fetched. Real estate investment is one of the earlier and most stable forms of investment since you can make money in multiple ways, including house flipping and renting out. Yes, it has its ups and downs,
Source: OREB What happened in the Ottawa market in January 2024? In January 2024, the Ottawa Real Estate Board (OREB) saw home sales increase by 16.5% compared to January 2023, totalling 629 units. The MLS® Home Price Index (HPI), which offers a more accurate portrayal of price trends, showed a 3.2% gain in the overall composite
Wondering what happened in the Ottawa market in 2023? Source: Royal LePage Team Realty What do these numbers mean for you? Let’s review the numbers for the Ottawa market for the past 12 months. Going into 2023, housing prices saw a slight decrease compared to the previous year. However, prices steadily increased month-to-month and by
Source: OREB What happened in the Ottawa market in December 2023? In December 2023, the Ottawa market, as reported by the Ottawa Real Estate Board (OREB), saw a boost with the sale of 565 homes through the real estate system, marking a 7.6% increase from the same month in 2022. Despite this growth, home sales lagged behind the average for
Hidden Costs When Buying a Home in Ottawa Buying or selling a home is one of the largest financial transactions you will ever make. It may even seem daunting or overwhelming. But it doesn’t have to feel that way. When considering all the fees and any potential hidden costs to watch out for when buying
First off I want to wish everyone a very happy new year! Can you believe it’s 2023 already? (I can’t!). I know that we are all very busy working on our 2023 goals. So, if buying your first home, or purchasing an investment property is on your 2023 bucket list – this is your sign!
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