Blog by Ryan Cole and Donna Cole

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April sales sailing along through spring

May 3rd, 2012

Ottawa, May 3, 2012 -Members of the Ottawa Real Estate Board sold 1,568 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,530 in April 2011, an increase of 2.5 per cent.

April’s sales included 300 in the condominium property class, and 1,268 in the residential property class. The condominium property class includes any property, regardless ...

20 Years Later

April 24th, 2012
Homes and condos: What's changed and what hasn't

Twenty years ago, when The Citizen  launched its home section, the Ottawa housing market was a very different beast from what it is today. It was also remarkably similar in many ways.  To make the milestone, we've combined the newspaper archives for a look at then and now and peeked at some of the developments in the intervening two decades.

TH ...

Spring has sprung an increase in residential sales

April 9th, 2012

Ottawa, April 4, 2012Members of the Ottawa Real Estate Board sold 1,396 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,240 in March 2011, an increase of 12.6 per cent. The five-year average for March sales is 1,276.

 March’s sales included 277 in the condominium property class, and 1,119 in the residential property class. The condomini ...

Best Time To Sell Your House In Ottawa?

April 2nd, 2012

Hello Ottawa,

 

In the course of working with buyers and sellers here in Ottawa, questions that come up frequently are: "When is the best time to sell my house?" and  "When is the best time to buy a house".  The answer of course is not usually as simple as looking at statistics.  

 

 Generally my answer for buyers depends on what type of house they are looking for, what the mortgage rate tren ...

Residential sales up from January

March 19th, 2012

Ottawa, March 6, 2012 - Members of the Ottawa Real Estate Board sold 1,009 residential properties in February through the Board’s Multiple Listing Service® system compared with 940 in February 2011, an increase of 7.3 per cent. The five-year average for February sales is 949.

February’s sales included 244 in the condominium property class, and 765 in the residential property class. The ...

Housing market expected to remain steady: CMHC

February 21st, 2012

OTTAWA — Canada's housing market will remain steady this year and through 2013, with home prices expected to rise moderately, Canada Mortgage and Housing Corp. said Monday.

"With the Canadian economy set to expand at a moderate pace and mortgage rates expected to remain low, activity levels in 2012 in both new home construction and sales of existing homes will stay close to levels seen in 20 ...

2011 Chapel Hill Sales Review

February 13th, 2012

Hello Ottawa,

Every year we have numerous clients in Chapel Hill looking for sales information and pricing on their homes.  Although we always provide a detailed analysis for individual clients, we also find that basic sale information can be quite useful in determining the value of a home. We thought we would share our findings for sale information in Chapel Hill in 2011.  

In 2011 the hig ...

Resale housing off to a typical start

February 13th, 2012
Ottawa, February 6, 2012 - Members of the Ottawa Real Estate Board sold 684 residential properties in January through the Board’s Multiple Listing Service® system compared with 677 in January 2011, an increase of one per cent. The five-year average for January sales is 652.

Of those sales, 138 were in the condominium property class, while 546 were in the residential property class. The condo ...

Welcome to the capital, neighbours

February 9th, 2012
The National Capital Region is Canada’s fourth biggest population centre

Ontario’s growth was slow except in Ottawa-Gatineau, Toronto, Kingston and Brantforda

Statistics Canada says more than 100,000 new neighbours moved into town over the five years since the last census.

The first numbers from the 2011 census show the Ottawa-Gatineau region grew by 9.1 per cent, outpacing both Canada’s ...

How's the housing market?

January 10th, 2012

OTTAWA, January 5, 2012 - 2011 A typical year for home sales in Ottawa.

Members of the Ottawa Real Estate Board sold 699 residential properties in December through the

Board’s Multiple Listing Service® system compared with 618 in December 2010, an increase of 13.1 per

cent. The five-year average for
December sales is 611. The total number of homes sold through the

Board’s MLS® system in 201 ...

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