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Ottawa real estate Q1 2015: modest sales, potentially scary listing inventory above $500K
09 April 15 11:43 AM | Gord McCormick | 0 Comments   
Is it a flood of spring sales in Ottawa real estate….or just listings? April 9 th , 2015 Unit sales grew seasonally in March (from February), as usual but not enough to melt down a glacier of listing inventory and in fact, it appears the growth Read More...
Is it the 1990's all over again in Ottawa real estate?
28 December 14 11:30 AM | Gord McCormick | 0 Comments   
Is it “déjà vu, all over again” in Ottawa Real Estate? We have suffered through another slow year in Ottawa real estate in 2014 with flat sales and overall prices barely in positive territory. A Federal restraint program and 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...
Ottawa Real Estate: key questions for 2014
22 January 14 09:41 AM | Gord McCormick | 0 Comments   
2013 was certainly a slowing year in Ottawa real estate, with residential prices inching up only at an inflation level and the average condo price actually decreasing. This was a significant difference from the results over the last decade where more Read More...
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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