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Category Archives: Real Estate News

Ottawa Housing Market Update

Ottawa Housing Market Update – November 2021

Dec 03, 2021

Members of the Ottawa Real Estate Board sold 1,459 properties in November which was 8% higher than the five-year average.

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Ottawa Housing Market Update – October 2021

Nov 04, 2021

Residential average sale prices increased by 24% from last October to $720,150. Condominium average sale prices were $419,515, which is a 16% increase.

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Ottawa Housing Market

Ottawa Housing Market – September 2021

Oct 07, 2021

Members of the Ottawa Real Estate Board saw a more normal September compared to last year’s “COVID-19” influenced fall market.

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Ottawa Market Update – August 2021

Ottawa Market Update – August 2021

Sep 10, 2021

This August, the Ottawa real estate housing market experienced a more typical end of summer trend compared to last year. The number of homes sold in the condominium and residential property class were lower than in August 2020.

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Ottawa Home Sales and Real Estate Update – July 2021

Ottawa Home Sales and Real Estate Update – July 2021

Aug 16, 2021

In July 2021, the Ottawa housing market saw a decrease in overall activity compared to last July, possibly due to a combination of Buyers taking vacations and the reopening of the economy last month.⁠ The inventory of resale homes is increasing, which should help to stabilize the market.

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Real Estate in Ottawa Market Update – June 2021

Jul 09, 2021

While the housing market sky-rocketed in 2020, this June we saw similar sales to the pre-pandemic market.

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Ottawa Real Estate Market - May

Real Estate in Ottawa Market Update – May 2021

Jun 03, 2021

Ottawa was once again in lockdown this May, however, unlike May 2020, the real estate market did not slow down.

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Real Estate in Ottawa Market Update – April 2021

May 07, 2021

The spring market continued to be a strong seller’s market in April.  However, we did notice the market beginning to settle in some neighbourhoods in recent weeks due to the stay-at-home order.

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Real Estate in Ottawa Market Update-March 2021

Apr 09, 2021

The March Real Estate Market had another great month thanks to the weather, plenty of resales on the market, and lapping the stay-at-home orders of March 2020, which largely contributed to the 51% increase in transactions.

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Ottawa Real Estate Market in February

Ottawa Real Estate Market-Feb 2021

Mar 05, 2021

With another month in 2021 completed, the February Ottawa Real Estate Market was another record month of continued supply pressure.

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ottawa market update for January 2021

Real Estate in Ottawa Market Jan 2021

Feb 09, 2021

The new and prevalent word in Real Estate the last 11 months is “Pent Up Buyer Demand,” and the Ottawa Real Estate market is experiencing this trend tenfold.

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Canada House Market Outlook

2021 Canadian Housing Market Outlook

Jan 26, 2021

The RE/MAX Canada teams across the country analyzed the 2020 real estate trends, combined with consumer sentiment studies to predict the 2021 housing market outlook.

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