SAY NO TO NEW REAL ESTATE TAX IN ONTARIO!!

Yes, the good old Ontario government is considering introducing yet another tax.  I know I know, I’m not surprised either. This new tax will apply to anyone who buys real estate in Ontario.  Just like the Land Transfer Tax, this will be another tax applied at the time...

TOO MANY CONDOS IN OTTAWA?

I will agree that there are quite a few condos for sale out there.  Does this mean trouble for Ottawa’s condo market?  CMHC definitely feels there is some cause for concern. The federal housing agency has recently decided that Ottawa’s condo market is now considered...

ARTHAUS CONDOS – OTTAWA’S ARTS COURT DEVELOPMENT

Ottawa’s art gallery and Arts Court is about to see some big changes.  Montreal-based developer DevMcGill, has recently announced the upcoming residential component of this grand development, the Arthaus Condos. ARTHAUS OTTAWA – BYWARD MARKET CONDO HOTEL DEVELOPMENT...

STRONG POST ELECTION SALES FOR OTTAWA HOMES

Is it the election results?  Or is it the warmer fall weather?  Whatever it is, home  sales in Ottawa over the past month have picked up considerably. According to the Ottawa Real Estate Board, a total of 990 residential properties were sold through MLS in Ottawa in...

NOVEMBER – ANOTHER STRONG MONTH FOR REAL ESTATE SALES IN OTTAWA

Alright, here’s the quick breakdown of why this past month was such a strong one for home sales in Ottawa: – New home sales are up 36% over November of 2014.  Yes, that’s a huge jump. – Overall home sales are up 11% over Nov. 2014.  They are also above the 5 year...

RECORD-BREAKING DECEMBER SALES, AND A BIG YEAR IN 2015!

Christmas gifts were not the only thing buyers were shopping for last month in Ottawa.  December real estate sales broke new records       Ottawa Real Estate Board members sold 703 homes last December; substantially higher than the 5 year average of 653.  According to...