August 2014 - Posts

Why are so many Ottawa listings overpriced?
24 August 14 09:19 AM | Gord McCormick | 0 Comments   
...it has been a long spring and summer for many Ottawa sellers: why is that? Our Ottawa real estate market has been slowing for two years and we have been accumulating excess listing inventory steadily during that time to the level where we now have Read More...
Good news and bad in Ottawa real estate 2014
08 August 14 09:01 AM | Gord McCormick | 0 Comments   
Well in to August and our real estate market has demonstrated a middling performance at best. Transactions and prices are pretty flat compared to previous years in the resale market and the new home market is also flat but is 17% off the 5 year average. Read More...
Ottawa sellers adjust price expectations to get deals done in July 2014
07 August 14 11:32 AM | Gord McCormick | 0 Comments   
Our continuing heavy listing inventory conditions continue through mid-summer and we believe sellers adjusted their price expectations to get deals done in July. July sales transactions trend: On a transaction basis, sales were pretty good in July: residential Read More...

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