Archives for Ottawa Sellers

Ottawa home sales jump 12% in March

Ottawa Business Journal Online, April 5th 2018 Ottawa’s residential real estate roared back to life in March with a double-digit increase in sales and an eight-per-cent increase in average house prices, according to the Ottawa Real Estate Board. “Properties that are priced well are selling quickly,” said OREB president Ralph Shaw in a statement, adding that homes are spending an average of 43 days on the market, down from 54 days in March 2017. Ottawa realtors sold 1,660 residential properties last month, up 12.3 per cent from the 1,478 sold during the same period a year earlier, according to OREB
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‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage

‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage The Ottawa Business Journal, online, Published January 10th 2018 Low inventory levels and a last-minute rush to beat tougher Canadian mortgage rules helped push the average price of a home in Ottawa to $442,533 in the final quarter of 2017, Royal LePage said Wednesday. The real estate firm’s latest house price survey said the average price of a home was up 6.8 per cent, year over year – four percentage points below the national average. New mortgage rules came into effect at the start of this
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Considering selling your home over the holidays?

Are you thinking of selling over the holidays? Putting your home up for sale during the winter holiday months can seem… daunting, to say the least. Present shopping, decorating, and family can be overwhelming on their own without throwing in open houses, getting ready to move, looking for buyers and finalizing a sale. However, there are a lot of benefits to selling during this time. Check out this blog on why it’s a great idea to list over the winter holidays!
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