Category: Real estate statistics

Ottawa Real Estate Market Stats January 2023

The January 2023 Ottawa Real Estate Stats are out! Market Snapshot: New year, new market as we see a slowdown in the number of sales for January and a decrease in the average sale price over January of 2022. We did however see an increase of 3% in the average sale price of a residential home from January over December.

Ottawa Real Estate Market Stats December 2022

The December 2022 Ottawa Real Estate Stats are out! Market Snapshot: As interest rates and inflation increase, buyers are retreating to the sidelines, taking a wait and see approach. The seasonal slowdown for December’s resale market is in stark contrast to the active resale market that started the year off which has officially balanced the market.

Ottawa Real Estate Market Stats November 2022

The November 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Ottawa sales continued to slow in November, a reflection of what’s happening across the country. The post-pandemic economy as well as a natural cooling for the time of year have officially balanced the market.

Ottawa Real Estate Market Stats October 2022

The October 2022 Ottawa Real Estate Board stats are out! “After the volatility of the past two pandemic years, which was unsustainable, the market is correcting and adjusting. Demand is still high, and with increasing inventory available, Buyers have more choices and time to shop for their new home.” – Ottawa Real Estate Board President

Ottawa Real Estate Market Stats September 2022

The September 2022 Ottawa Real Estate Board stats are out! “We have seen an uptick in the number of new listings entering the market, which were not only higher than last month but also last year, and the five-year average. This trend continues to bring the resale market into more balance, which generally means more time for Buyers and Sellers to weigh their options and to adjust according to their needs,” – Ottawa Real Estate Board President