Happy New Year Ottawans!! (yes, I realize its now Jan. 8. I think technically I’m allowed to say happy new year right up til February :-))
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I trust everyone had a great 2014, and are off to a great start in 2015 with positive resolutions and goals.
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As for real estate, good ol Ottawa was its typical slow and steady. The good news is, average home prices are up since 2013:
The average selling price for all housing types was $361,712, an increase of 1.2 per cent over 2013 (according to the Ottawa Citizen, Jan. 8, 2015).
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On the other hand, if you’re a condo owner, 2014 just wasn’t your year (the condo market did not fair so well this past year). On the bright side, if you’re considering buying a condo, then now would be a good time to do so.
Condo sales dropped 7.2 per cent to 2,661 for the year.
As for overall sales volume, total home sales are still up 0.4% over 2013.
Sales of existing homes through the Ottawa Real Estate Board’s Multiple Listing Service totalled 13,928 for the year, an increase of 0.4 per cent from the 2013 total of 13,871.
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For anyone who is looking for more specific info on neighborhoods or properties, definitely get in touch with me as I’m happy to go over the details. If you’re thinking of selling this year, contact me for a free property evaluation and listing consultation.
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For any investors out there, there are some opportunities in the rental market around this city (yes, its hard to find good ones). If you’d like more info on where to find the best deals, please ask.
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That’s it for now. I wish everyone huge success with all your goals in 2015! Now get out there and enjoy the winter! I’ll see you on the cross-country ski trails 
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CHRIS STEEVES
Sales Representative.
Keller Williams Ottawa Realty.Independently Owned & Operated
610 Bronson Av, Ottawa
Cel: 613 262 1697
Fax: 613 369 6013
Office: 613 236 5959
You can find me at www.chrissteeves.ca/contact_chris/