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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...
Is a buyer's market coming to Ottawa real estate? ...or is it already here?
07 July 14 07:05 AM | Gord McCormick | 0 Comments   
Ottawa Real Estate: June 2014 results Listing inventory level remains key issue in very competitive Ottawa Market June Sales: Depending on your point of view, June sales were either steady or lacklustre with residential properties showing a slight increase 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 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...
Little to be thankful for in September results for Ottawa real estate
05 October 12 05:20 AM | Gord McCormick | 0 Comments   
As we get ready to enjoy our Thanksgiving weekend, the Ottawa Real Estate Board has just released some less than encouraging results for the month of September, continuing a trend of spotty results registered over the last few months. The number of residential Read More...
July 2012 continues cooling trend in Ottawa real estate
05 August 12 08:17 AM | Gord McCormick | 3 Comments   
The resale market for residential homes and condos continued to show signs of cooling, based on July sales results. The number of sales transactions for the month was 1,366 residential properties and condos sold for a slight increase over 2011 of 3.4% Read More...

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