Ottawa Real Estate Market Snapshot September 2023
The September 2023 Ottawa Real Estate Stats are out! Market Snapshot: The Ottawa real estate market has now reached a balance, meaning buyer demand is equal to the supply from sellers. It has been some time since Ottawa last saw a balanced market, making it even more crucial for buyers and sellers alike to consult with an experienced professional.
August Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the August neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot August 2023
The August 2023 Ottawa Real Estate Stats are out! Market Snapshot: There was a slight increase in the number of properties sold in Ottawa’s resale market for August over the same time last year. Demand continues in Canada’s capital as we see an increase in immigration and a new cohort entering the housing market.
July Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the July neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot July 2023
The July 2023 Ottawa Real Estate Stats are out! Market Snapshot: The Bank of Canada made two recent hikes to interest rates however, consumers remained confident as we saw the number of sales rise 15% over July of last year. Inventory has continued to climb as did the average sale price in comparison to July of 2022.
Ottawa Real Estate Market Snapshot June 2023
The June 2023 Ottawa Real Estate Stats are out! Market Snapshot: We saw an increase in the number of sold properties over those of June 2022 even though the number of listings were down from the previous year. A strong indication that those who are out shopping are serious about making a purchase. With summer in full swing (holidays, festivals, high temps and humidity) a decline in activity is common for this time of year.
May Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the May neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot May 2023
The May 2023 Ottawa Real Estate Stats are out! Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from this time last year the seller’s market continues to stay strong.
April Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the April neighbourhood stats for Kanata, Carp, Stittsville, and Carleton Place.
Ottawa Real Estate Market Snapshot April 2023
The April 2023 Ottawa Real Estate Stats are out! It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months stock, the average sale price has increased over the past four months and we are seeing multiple offers again in some areas.