Category: Ottawa real estate

Ottawa Real Estate Snapshot:  October 2019 

Ottawa Real Estate Snapshot:  October 2019 Based on information from on the Ottawa Real Estate Board November 5th, 2019 Properties Sold Total properties sold: 1,607 an increase of 16.9% over October 2018 1,211 in the residential-property class, up 15% over October 2018 396 in the condominium-property category, up 23% over October 2018 The five-year average […]

First Time Home Buyer Incentive – Need a Little Help?

With the recent federal election  there has been a great deal of discussion around the Liberal Government’s incentive for First-time Home Buyers which was effective September 2, 2019.  The Government of Canada has allocated $1.25 billion over the next three years for this program.  The incentive is designed to help first-time home buyers find an […]

What can we expect from the Fall Real Estate Market in Ottawa?

In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa.  Our Spring market started earlier this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months.  Throughout the year we have […]

Having Your Home Listed Over the Holidays

If you are planning to sell your home in the next few months, it is wise to plan to maximize the sale of your home. As the temperatures are cooling and the days are getting shorter, we are starting to think of the coming fall and winter seasons.  We will also start to think of […]

Ottawa Real Estate Market update: August 2019

Ottawa Real Estate Market update: August 2019 (September 5, 2019)  If you’ve been following the Ottawa Real Estate market it probably won’t come as a surprise that both unit sales and prices were up last month, in spite of continuing issues with low supply. Heading into the fall months we don’t see any signs of […]

Find Sold Prices Online!

At Royal LePage Team Realty, we are thrilled to announce that we are the first major brokerage in Ottawa to offer a Virtual Office Website where users can now have access to more information than was ever possible before. With a simple click, anyone with an email address will now be able to access sold […]

Ottawa Real Estate highlights & Market Snapshot April 2019

Ottawa Real Estate Highlights April 2019: There’s been an upward pressure on prices due to the continuing lower supply levels (residential supply is down 18%, and condo inventory is down almost 40% from last April 2018 according to the latest OREB stats). However these price points are “still well under the Canadian average, and our […]

OTTAWA REAL ESTATE HIGHLIGHTS: Higher Prices, Fewer Residential Sales

Tightness of listing supply is significantly reducing days on market,  properties are selling very quickly.   The latest statistics are out from the Ottawa Real Estate board!   here are the highlights… 1,511 residential properties were sold in March through the Board’s Multiple Listing Service® System, compared with 1,654 in March 2018, a decrease of 8.6 per […]

Why Use a Full Service Realtor®?

The decision to buy or sell a home is a big one; there is so much to think about and do! A home is likely the largest investment you will ever, or have ever, made in your life and it’s important to have someone you can trust to make the process as smooth as possible […]