Royal LePage 2022 Winter Recreational Property Report
The Royal LePage 2022 Winter Recreational Property Report is out. The cost of buying a winter recreational property in Canada’s popular ski regions is projected to decrease slightly over the next 12 months.
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 2022
The October 2022 Ottawa Real Estate Board stats are out! “After the volatility of the past two pandemic years, which was unsustainable, the market is correcting and adjusting. Demand is still high, and with increasing inventory available, Buyers have more choices and time to shop for their new home.” – Ottawa Real Estate Board President
Royal LePage’s Q3 2022 Home Price Update and Market Forecast
“Despite softening home prices over the summer, Ottawa’s fall real estate market is trending towards more stable conditions as new inventory becomes available. We continue to see strong buyer demand in the region – even if lower than last year’s historical highs – and not enough supply to fully shift to a balanced market,” said Jason Ralph, broker of record, Royal LePage Team Realty. “Despite rising interest rates, many buyers are still keen to make a purchase this year. And, without a significant boost in inventory, it is unlikely we will see a full return to a balanced market.”
September Neighbourhood Stats – Kanata, Stittsville, Carp and Carleton Place
Here are the September neighbourhood stats for Kanata, Carp, Stittsville and Carleton Place.
Ottawa Real Estate Market Snapshot September 2022
The September 2022 Ottawa Real Estate Board stats are out! “We have seen an uptick in the number of new listings entering the market, which were not only higher than last month but also last year, and the five-year average. This trend continues to bring the resale market into more balance, which generally means more time for Buyers and Sellers to weigh their options and to adjust according to their needs,” – Ottawa Real Estate Board President
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 2022
The August 2022 Ottawa Real Estate Board stats are out! “Prices are still rising slightly in some areas, albeit lower single-digit percentage increases, bringing back the moderate price-growth stability that is characteristic of the Ottawa resale market. We are moving towards a balanced market state, where Buyers have choices and Sellers need to ensure they are pricing their properties accurately,” – Ottawa Real Estate Board President.
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 2022
The July 2022 Ottawa Real Estate Board stats are out! “..with more properties continually being added to inventory, we are on the cusp of returning to a balanced market, and that is good news.” – Ottawa Real Estate Board President