During the month of May 2017, members of the Ottawa Real Estate Board sold 2,300 residential properties, compared to 1,919 in 2016, an increase of 19.9% of properties sold over […]
Home Sales Decimated in Ottawa, but we’re not worried. by Dave Williams It’s May the 5th, the 4th is no longer with us and OREB just released the sales stats […]
page-2 Condo sales in Ottawa hit a 4 year low for May 2013, with only 326 re-sale condos selling, a nearly 10% drop from the previous year. Year to date 1241 re-sale condos have sold in Ottawa, 6.2% less than the 1323 that sold in the first 5 months of 2012. This segment of the market is showing the greatest lag in this year’s real estate market slow down. On the new construction side, there were 588 starts in Q1 of 2013 of Condominium apartments, 73% higher than the 339 that started construction in Q1 of 2012*
A Look at Just Home Sales in Ottawa, May 2013 by Dave Williams There’s been a lot of talk in the last week of the drop in home sales in […]
Taking a look at the first four months of 2013, we are at about 92% of 2012 sales in the same time period, 4256 sales this year vs. 4646 in 2012. It looks grim, but this was fully expected with CMHC forecasting a drop back in November followed by a correction through the remainder of the year. So my prediction is a slight overall drop landing us at 97.2% of last years sales, or about 13900 by the end of the year.