Ottawa Real Estate Market Snapshot November 2023

The November 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: We’re starting to see an increase in inventory, bringing more choice back to the market. While inventory increases, the cold weather that has blown in has slowed the pace of sales which is expected for this time of year. If you’re considering a move, […]

Ottawa Real Estate Market Stats October 2023

The October 2023 Ottawa Real Estate Stats are out! Market Snapshot: Sales and prices on resale properties in Ottawa may have slowed down however, this is a typical trend for October. “While Ottawa’s inventory is slowly building, chronic supply issues mean there’s always an undercurrent of demand. Don’t let the lull fool you: now is a prime time for buyers to be looking for opportunities before the current carries us from a balanced market into seller’s territory.” – Ken Dekker, OREB President.

Ottawa Real Estate Market Stats September 2023

The September 2023 Ottawa Real Estate Stats are out! Market Snapshot: The Ottawa real estate market has now reached a balance, meaning buyer demand is equal to the supply from sellers. It has been some time since Ottawa last saw a balanced market, making it even more crucial for buyers and sellers alike to consult with an experienced professional.

Ottawa Real Estate Market Stats August 2023

The August 2023 Ottawa Real Estate Stats are out! Market Snapshot: There was a slight increase in the number of properties sold in Ottawa’s resale market for August over the same time last year. Demand continues in Canada’s capital as we see an increase in immigration and a new cohort entering the housing market.

Ottawa Real Estate Market Stats July 2023

The July 2023 Ottawa Real Estate Stats are out! Market Snapshot: The Bank of Canada made two recent hikes to interest rates however, consumers remained confident as we saw the number of sales rise 15% over July of last year. Inventory has continued to climb as did the average sale price in comparison to July of 2022.