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Listing inventory still the story in Ottawa real estate in September
05 October 13 06:01 AM | Gord McCormick | 0 Comments   
Listing inventory: (compared to 5 year average 2008-2012 at Sept month end) # residential listings: +28% # condo resale listings: +79.5% To put these numbers in some perspective, this means we have approx. 1,200 additional residential listings and almost Read More...
Summer sales slow somewhat but still an active time for Ottawa Real Estate
19 July 13 08:32 AM | Gord McCormick | 0 Comments   
We have recently finished the busiest quarter of the year for real estate sales which ended June 30 th . While many may think "that summer is dead" for real estate this is not correct! Though the number of sales transactions drop by 20 or 25% Read More...
Ottawa Real estate: May sales steady but listing inventory a concern
10 June 13 05:49 AM | Gord McCormick | 0 Comments   
Sales steady in May but listing inventory and price levels a "hot" issue May sales were fairly steady in what is normally the largest sales month of the year, although slightly behind (-4.6%) last year and the 5 year average for the number of Read More...
Ottawa April Sales "spring ahead" seasonally but listing inventory a concern
06 May 13 07:20 AM | Gord McCormick | 0 Comments   
April delivered some relatively encouraging residential sales results with unit sales growing seasonally compared to March but remaining pretty flat compared to last year. Average selling prices were up slightly during the month. These are positive improvements Read More...
No signs of spring in Ottawa March real estate results
05 April 13 07:24 AM | Gord McCormick | 0 Comments   
Sales down, prices flat but listing inventory is the story in March 2013 A wintry March did nothing to thaw the slowdown in residential real estate results. The number of sales transactions was down and prices flat but the key indicator to watch is listing Read More...
What you can expect to pay for housing in Ottawa
19 March 13 10:19 AM | Gord McCormick | 0 Comments   
Here is a summary of average selling prices by housing type based on results for 2013 up until the end of February 2013. These are only averages of course and will vary by area, age of house, house features etc. Our current residential real estate market Read More...
"Chilly" January continues 7 month trend in Ottawa real estate
07 February 13 05:16 AM | Gord McCormick | 0 Comments   
Transactions and residential average selling price dip: Ottawa got off to an even slower start than usual, posting an 11.7% decrease in the number of sales transactions in January with 602 residential and condo units being sold. The average residential Read More...
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Key questions for Ottawa real estate in 2013
10 January 13 08:01 AM | Gord McCormick | 0 Comments   
2012 results: return to standard performance or a transition year to a buyer's market? We had a very interesting year in 2012 and one could argue it was either a return to slower and more normal growth in real estate or equally one could say it was Read More...

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Ottawa real estate market results and trends,