4 Great Ways to Invest in the Ottawa Market Ottawa is a city with a variety of real estate in thriving, large neighbourhoods. In an appreciating market like Ottawa, real estate investments can provide significant financial benefits. There are a number of ways through which you can invest in real estate, each with its own […]
Ethnic Diversity Among Agents in a Multicultural Ottawa From coast to coast to coast, Canada is a beautiful country that residents and visitors alike enjoy exploring, many with hopes of putting down roots in their favourite corner of our home and native land. In a recent survey, Royal LePage found that newcomers represent a […]
5 Things You Need to Know About Buying in Ottawa 5 Things You Need to Know About Buying in Ottawa: Ottawa is a beautiful city with much historical significance. The national capital region is home to a wide variety of diverse, thriving neighbourhoods that see growth each year. There are many schools and businesses […]
Your First Home is a Big Deal. Buying your first home is monumental. It’s a huge financial investment and a major life milestone. Unfortunately, nowadays it’s more difficult than ever to make the purchase by yourself. Luckily, in a market as diverse and ever-evolving as ours, there are many resources available for first-time homebuyers. […]
What is The Hype Around Ottawa’s Boom Towns: Why “Rural” Ottawa Continues to Grow While we have seen an increase in home prices steady across the province over the last two years, rural outlier communities like Carleton Place, Arnprior and Kemptville have seen unprecedented growth and attention, handing them over “Boom Town” status. These Ottawa area […]
After an intense few years, the local real estate market is showing a very slight shift towards calmer waters. Jason Ralph, Broker of Record and President of Royal LePage Team Realty, explains, “The market was so overheated that even a small shift seems drastic, even though it isn’t going back to pre-2020 levels. We are starting […]
Real estate in Ottawa is so great for so many reasons. Not only is the capital city a beautiful one filled with breathtaking scenery, extraordinary views, lively green space, and the ravishing Rideau River, it also is one of the most affordable major cities in the country, with a little something for everyone. Whether you […]
In what has been an unprecedented year in buying and selling, Ottawa Real Estate is remaining hot, and mortgage rates cool. While buying a home and getting a mortgage is a big financial decision, the process of securing a loan leaves even the most experienced buyers with a laundry list of questions. Naturally, you will […]
Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase of 19.3 % from January 2019. Compared to last month, however, the average price for residential-class properties increased by a modest 3.2 % and the average price for condominium-class units was 8.8 % higher.* The Board’s Housing Price Index (HPI), which is another data point
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Ottawa Real Estate Highlights November 2019 Weather isn’t Cooling the Resale Market! Highlights from the Ottawa Real Estate Board December 4, 2019 UNIT SALES Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9 %. Residential: 958 Up 10.5 % from November 2018 Condo: 330 Up 12.2 % from November 2018. The five-year average for November unit sales is 1,133. “Even with the typical winter slowdown, Ottawa’s home resale market still experienced a relatively brisk pace in November. Our inventory is
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