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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...
Ottawa real estate: residential average selling prices in negative territory in October 2014
19 November 14 10:44 AM | Gord McCormick | 0 Comments   
Ottawa real estate residential prices showed a 3.2 % decrease in the average price of properties sold in October, compared to Oct 2013. While one month does not make a trend, it is only the 2 nd time this year that average selling prices in a month 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...
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...
"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...
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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