Archives for Real Estate Statistics

2017 is off to a great start!

Update below from the Ottawa Real Estate Board  2017 resale market off to a great start OTTAWA, February 3, 2017 – Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service® system, compared with 598 in January 2016, an increase of 11.5 per cent. The five-year average for January sales is 614. “The year is off to a great start, with sales up over this time last year, and well above the five-year average,” remarks Rick Eisert, President of the Ottawa Real Estate Board. “Residential-class resales supported this increase, with a 16.6
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Ottawa Real Estate Update: December 2016

  2016 was a record breaking year for Ottawa real estate resales! 715 sales in December brought the total number of properties sold throughout the year through Board’s MLS® to 15,537, a 6% increase over 2015. With more properties selling over $500K December also had the highest average sale price ever recorded $420,750, considerably higher than the 2016 average sale price of $371,987.   Information below from the Ottawa Real Estate Board’s Latest new’s release on January 5th, 2017.  2016 proves to be a record-breaking year for Ottawa resales OTTAWA, January 5, 2017 – Members of the Ottawa Real Estate Board sold
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Real Estate Update: Latest news in Ottawa Real Estate

As snow hits Ottawa, November sales slowed slightly, while “Condo sales continue to bolster Ottawa resale market“ Highlights: Ottawa condo market appears to be on the upswing 14,825 homes were sold in the first 11 months officially making 2016 a record breaking year for number of sales Average prices were up, $405,320 in the residential class, an increase of 6.5% over 2015. While these statistics are useful in establishing market trends they should not be used as an indicator that specific properties have increased or decreased in value. If you’re interested in a property evaluation or statistics for specific neighbourhoods please email
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Second-best April on record for Ottawa Real Estate!

April was a busy month in Ottawa Real Estate…see the most recent market highlights below -information provided by the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,567 in April 2015, an increase of 9.4 per cent. The five-year average for April sales is 1,568. “The Ottawa resale market continued its steady pace upwards in April, making it the best April for unit sales on record since 2010,” says Shane Silva, President of the Ottawa Real Estate Board. “Units sold are up
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Ottawa Real Estate Market Snapshot March 2016

Ottawa Real Estate: March market springs into action!  The following information provided by the Ottawa Real Estate Board.  Members of the Ottawa Real Estate Board sold 1,166 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,200 in March 2015, a decrease of 2.8 per cent. The five-year average for March sales is 1,220. “We are definitely seeing a resale market increase from the previous month, with 256 more properties sold in March over February,” says President of the Ottawa Real Estate Board, Shane Silva. “Properties are starting to sell faster, indicating that we are heading
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Real Estate Snapshot February 2016

  What a difference a day makes!  An extra day in February saw 46 sales on that day (February 29th) as per the Ottawa Real Estate Board’s news release March 3rd.   See the full Ottawa Real Estate market snapshot for February and the full story from the Ottawa Real Estate Board below. With spring around the corner, we’re starting to see more homes come on the market, if you’re thinking of selling now is a great time to get your home listed with a real estate professional.  While statistics are useful in establishing trends they should not be used as
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