• First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

Ottawa Real Estate Stats July 2023

Thursday Aug 10th, 2023

Share

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase from July 2022. The five-year average for total unit sales in July is 1,621. The average sale price for a freehold-class... [read more]

August 2023 Real Estate Newsletter

Thursday Aug 10th, 2023

Share

The last month of summer has arrived! August is typically a slower time of the year for real estate transactions. School is out, folks are away on vacation and buying/selling is put on hold for some. Interest rates remain at around 5.2% on average for a five-year fixed. Both freehold and condo prices have gone up slightly over the previous year. The rental market remains high with prices ranging from $2400-$3000 a month for the majority of townhomes and small singles throughout the city. The... [read more]

Ottawa Real Estate Stats June 2023

Thursday Aug 10th, 2023

Share

Members of the Ottawa Real Estate Board (OREB) sold 1,658 residential properties in June through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,493 in June 2022, an increase of 11%. June’s sales included 1,234 in the freehold-property class, up 10% from a year ago, and 424 in the condominium-property category, a 16% increase from June 2022. The five-year average for total unit sales in June is 1,881. The average sale price for a freehold-class... [read more]

July 2023 Real Estate Newsletter

Thursday Aug 10th, 2023

Share

June was a similar month to May in terms of number of sales, listings inventory and overall days on market. There seems to be a large increase in sales of properties under 400k as buyers are getting lower mortgage approvals due to high interest rates. Rates may go up again this month by .25% or more to continue to battle inflation. Will this have an impact on the real estate market? The only impact I think it will make is to reduce the mortgage qualification amounts for buyers. The... [read more]

Ottawa Real Estate Stats May 2023

Monday Jun 19th, 2023

Share

Members of the Ottawa Real Estate Board (OREB) sold 1,939 residential properties in May through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,830 in May 2022, an increase of 6%. May’s sales included 1,477 in the freehold-property class, up 8% from a year ago, and 462 in the condominium-property category, a 1% increase from May 2022. The five-year average for total unit sales in May is 1,961. The average sale price for a freehold-class property in... [read more]

  • First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/