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January 2024 Real Estate Newsletter

Thursday Feb 1st, 2024

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The new year is finally here! 2023 ended strong with a 7.6% increase in sales over December 2022.  Average home prices also went up by 1.7%. It appears buyer confidence is slowly returning. Interest rates are speculated to head downwards by mid 2024.  I am noticing a lack of inventory in several areas of town. If you are planning to sell in the spring, you may want to consider listing now as the competition will be less. If you would like to know what your home is worth, I offer a... [read more]

Ottawa Real Estate Stats February 2021

Monday Apr 12th, 2021

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"Members of the Ottawa Real Estate Board sold 1,390 residential properties in February through the Board’s Multiple Listing Service® System, compared with 1,134 in February 2020, an increase of 23 per cent. February’s sales included 1,028 in the residential-property class, up 24 per cent from a year ago, and 362 in the condominium-property category, an increase of 19 per cent from February 2020. The five-year average for total unit sales in February is... [read more]

August 2021 Real Estate Newsletter

Monday Aug 16th, 2021

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Fall is fast approaching! It seems everyone is out enjoying what’s left of summer – heading to cottages, vacations, beaches and more. The real estate market seems to be slower moving and prices are not quite as aggressive compared to earlier in the year. However, looking at the overall year-to-date number for both 2021 and 2020, every neighbourhood in Ottawa and the surrounding communities have seen a major increase in sales volume and price. For example, if we look at the entire... [read more]

Ottawa Real Estate Stats July 2021

Monday Aug 16th, 2021

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Members of the Ottawa Real Estate Board sold 1,724 residential properties in July through the Board’s Multiple Listing Service® System, compared with 2,183 in July 2020, a decrease of 21 per cent. July’s sales included 1,312 in the residential-property class, down 20 per cent from a year ago, and 412 in the condominium-property category, a decrease of 24 per cent from July 2020. The five-year average for total unit sales in July is 1,775. July’s average sale price for a... [read more]

Exterior Home Trends

Wednesday Sep 8th, 2021

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Current & Upcoming Exterior Home Trends Simple and sleek is in.  Clean architectural lines are currently preferred over curves and arches resulting in an understated sophistication. With the existing Scandinavian/mid-century modern interior trends it’s not a surprise that exteriors are leaning in the same direction. Contemporary, modern and industrial light fixtures add interesting detail along with horizontal railings and large scale house numbers. Black is a favourite... [read more]

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