Eric’s Ottawa Real Estate Blog

 


Ottawa Real Estate Market Report for October 2020

Ottawa Real Estate Market Report for October 2020 Prices for resale homes in Ottawa are still going up:  about 18% year-over-year.  The average price for a condo is up 14% over October last year, and freehold properties are up 24%! And there’s still a …

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Booming – Ottawa Real Estate Market Report for September 2020

Homes in the Ottawa Real Estate Market are still selling like crazy. Prices for both freehold and condos are up over 16% year over year.  The average price of a condo this September is up 20% over September 2019.  And freehold!!  Up over 28% compared t …

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Ottawa Real Estate Market Report for August 2020

Another busy month for the Ottawa Real Estate Market. Both condos and freeholds sold twice as fast in August this year as they did last year. (The infographic shows the year-over-year speed to sell. Sales of freehold homes slowed significantly due to t …

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Look Inside Our Most Recent Newsletter

Our Printed Newsletter For Our Clients

Click the expansion button in the panel below to view on fullscreen. You’re also welcome to Subscribe to our e-Newsletter which we send out at the beginning of each month. Keep informed with the Ottawa Real Estate Market Update, and a couple of article …

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Ottawa Real Estate Market Report for July 2020 – Still Hot!

Ottawa Real Estate Market Report July 2020   You’ve likely heard that the Ottawa Real Estate market is still going great guns. Prices are up for both freehold and condos.   Like crazy:  15% year-over-year (despite the slowdown in April) and 20% up …

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Ottawa Real Estate Market Report for June 2020

Welcome to our updated infographic: Ottawa Real Estate Market Report.   The Ottawa real estate market is doing well.  When the Ontario State of Emergency was declared, the resale market in Ottawa took a nosedive.  From about 500 per week at that p …

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Ottawa MLS® Stats during Covid-19 up to June 1

The following charts are courtesy of the Ottawa Real Estate Board based on the stats that they have compiled. As you can see, there was a precipitous drop in the numbers of new listings and sales immediately following the declaration of the State of Em …

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Key Differences Between A Collateral Mortgage and A Conventional Mortgage

Collateral or Conventional Mortgages - what is the difference - Ottawa Ontario

Both collateral mortgages and conventional mortgages are registered against title, and in both cases the mortgage lender the lender has the right to sell your property should you default in payments. The items in the table are the very broad overview o …

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