MARKET NEWS & PENTHOUSE CONDOS

Good morning Ottawa! Things are back to normal for real estate here in our favourite city Home sales are up, with the Ottawa Real Estate Board selling 1661 residential properties this June, 2014, compared with 1593 in June of 2013 (an increase of 4.3 per cent). As a...

Micro Condo & Ottawa Real Estate Market News

Good morning Ottawa Real Estate! For anyone interested in knowing how their real estate investment in Ottawa is doing, here are the recent stats for the past month: According to the Ottawa Real Estate Board, “Units sold in the residential property class alone,...

OTTAWA CONDO MARKET EXPECTED TO IMPROVE IN 2015

With much uncertainty about the future of our condo market here in Ottawa, Genworth Canada has released their Summer 2014 Condo Outlook bringing us some positive news (finally). Genworth forecasts, “Ottawa’s condo resales are expected to improve in 2015 and continue...

SOME PROGRESS FOR LEBRETON FLATS?!

Good morning, Ottawa! So, probably best if we refrain from tearing into the NCC and their questionable actions over the years, and instead focus on the positive here: they are finally asking for the people’s help. Lebreton Flats has been a bit of an eyesore for many...

Steady & Predictable Market in Ottawa

Good morning everyone! I hope everyone’s enjoyed the beautiful month we just had!  Some amazing sunny days, and perfect temperatures….even the Redblacks won a game!   So it’s business as usual for Ottawa’s residential real estate markets over the past month. Here’s a...

OTTAWA INCOME PROPERTIES – WHAT YOU NEED TO KNOW!

Hellooooo Ottawa! Before you buy a rental properties in Ottawa, consider three things: the expected amount of rental income, the annual expenses you will incur, and the risks that may come along. With any real estate investment decision, the first thing you will want...

OTTAWA REAL ESTATE – BUYERS MARKET

OCTOBER SALES IN OTTAWA For anyone wondering if Ottawa’s real estate market is about to crash, or whether this is a good time to buy, I’ll get straight to the numbers for our real estate sales for the past month. . Sales for the month of October are the second best on...

OTTAWA REAL ESTATE UPDATE – NOVEMBER 2014

Good morning Ottawa! I hope everyone is enjoying the crisp, clean air of December.   Time to get out the skis and take embrace our lovely winter season!   As always, here’s the update for the real estate market in our lovely city, Ottawa.  It’s been another...

MORE CONDOS FOR OTTAWA?! YESSIR!

What’s up, Ottawa!   Yes, it has been a slower year for condos in Ottawa, and real estate in general.  And yes, condo prices have been fluctuating, with some areas dipping.   However, you may be surprised to find out how many new condo developments are slated...

OTTAWA VACANCY RATES DROPPING?

Attention real estate investors!  Not only is it winter time, which is typically the best time of year to get a good deal on real estate, but vacancy rates in Ottawa also appear to be dropping.  This is good news for landlords and investors, as the demand for rental...