Home sales shifting towards pricier housing in Ottawa, CMHC says
While nearly half of all homes trading hands in the capital sold for less than $400,000 in 2019, less than a third of all transactions
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Ottawa Real Estate Board
Average Ottawa household spent 16% of its income on mortgage payments in 2020: study
That’s up slightly from 10 years ago but still well below the “affordability threshold” of 30 per cent, according to the new report from real
Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.
Average Ottawa home prices jumped 20% in 2020: OREB
Overall, nearly 19,000 homes changed hands last year, a slight increase over 2019’s total of about 18,600.
Condos on OREB’s ‘watchlist’ as inventory jumps in November
Board says the number of condos listed for sale is 25 per cent higher than a year ago, and properties are staying on the market
Average Ottawa home price to rise 7% in 2021, Re/Max forecasts
The average sale price of a home in Ottawa was $524,956 in the first 10 months of 2020, brokerage said Tuesday, up 19.2 per cent
OREB eyes ‘shift’ away from condos as home sales keep booming in October
While sales of condominiums rose 22 per cent year-over-year to 481, the number of new units added to the market jumped 70 per cent compared
Five tips to purchasing commercial property in Ottawa
Strategies for reducing the uncertainty of any commercial transaction.
Ottawa-Gatineau housing starts hold steady in September: CMHC
New home starts were virtually unchanged in September compared with a year earlier at just over 1,500, housing agency says.
Ottawa home listings surge in September – but so do prices
The average house price in the capital jumped 28 per cent year-over-year to $622,557, the Ottawa Real Estate Board says.
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