March Neighbourhood Stats – Kanata, Stittsville, and Carleton Place
Here are the March neighbourhood stats for Kanata, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot March 2024
The March 2024 Ottawa Real Estate Stats are out!Market Snapshot:
The Ottawa housing market has seen a positive start to the year, with an uptick in activity persisting as we enter the spring market. With an anticipated drop in interest rates expected this year, buyers and sellers are regaining confidence and are beginning to come off the sidelines as seen through the increase in sale prices and units sold in March compared to the same period last year.
Ottawa Real Estate Market Snapshot February 2024
The February 2024 Ottawa Real Estate Stats are out! Market Snapshot:
Buyers and sellers alike were making moves in February as the number of properties sold in Ottawa increased 15% over the same month last year. Early spring weather has increased activity even while many remain on the sidelines awaiting interest rates to drop.
Ottawa Real Estate Market Snapshot January 2024
The January 2024 Ottawa Real Estate Stats are out! Market Snapshot: Warm temperatures have boosted buyer interest in the Ottawa resale market. There was a 16.5% increase in properties sold in January 2024 over January of 2023. Keep an eye on market trends as the weather continues to influence conditions.
A Positive Prediction for the Canadian Real Estate Market in 2024
Economists see ‘turning point’ in housing market this year as interest rate cuts loom After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. That’s largely dependent on forecasts that the Bank of Canada could begin cutting its […]
Ottawa Real Estate Market Snapshot December 2023
The December 2023 Ottawa Real Estate Stats are out! Market Snapshot: The resale market had a steady close in Ottawa as we saw the number of properties sold decline. This is a typical close for December. As we see consumer confidence return we are looking for a strong year ahead.
November Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the November neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot November 2023
The November 2023 Ottawa Real Estate 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.
October Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the October neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot 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.