Ottawa home prices continue to march upwards; sales numbers drop due to low inventory

Ottawa Citizen – VITO PILIECI Updated: April 3, 2019   The number of resale homes sold in Ottawa slid in March, as tight inventories put pressure on buyers to bid on limited offerings, pushing the prices of available homes even higher. March marked the first month in...
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Good news for buyers in Ottawa housing market: price momentum is cooling

James Bagnall Updated: November 5, 2018 Ottawa Citizen Despite sharp declines in the number of real estate listings across Ottawa, the average price for residential homes sold in October increased only modestly compared with a year earlier while condominiums fetched only...
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Bidding wars and scant supply: Ottawa housing market finds itself ‘listings-starved’

Ottawa Citizen James Bagnall Published on: March 6, 2018 Ottawa’s real-estate market is becoming so tight that many homeowners are refusing to put their properties up for sale until they can be assured they’ve got someplace else to go. How starved? The Ottawa Real Estate Board...
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Ontario’s Top 10 Cities for Real Estate Investment Report Released

News provided by Real Estate Investment Network Ltd. Mar 05, 2018, 11:51 ET Latest research forecasts which Ontario cities will outperform the rest of the province’s housing and rental markets, despite recent dramatic value increases VANCOUVER, March 5, 2018 /CNW/ – A...
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Ottawa housing market heats up in August

Anita Murray Published on: September 16, 2015 It wasn’t just the weather that got hot in August — resale and new home sales, along with housing starts, were all rising during the dog days of summer. “Definitely a positive month,” says Patrick Meeds, who heads the new home...
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This time, election call fails to cool Ottawa real estate market

Robert Bostelaar, Ottawa Citizen Published on: September 4, 2015 The federal election has yet to cast its usual chill on Ottawa’s real estate market. Sales of existing houses as measured by the Ottawa Real Estate Board rose 6.6 per cent in August from a year earlier, despite...
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Ottawa eyes tougher new mortgage rules, larger down payments, to curb Canada’s red hot housing market

Garry Marr | July 16, 2015 3:23 PM ET Financial Post The federal government may be ready to take direct aim at Canada’s red-hot housing market, and is actively consulting on a move to increase the minimum down payment required to buy a house, the Financial Post has learned....
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The rise of the million-dollar house

Kelly Egan, Ottawa Citizen Published on: July 9, 2015 This is giddy, alarming news on the greed front, a sign that modesty in real estate, not to mention affordability, is well and truly vanquished. A young couple starting out in Ottawa can still buy their dream home downtown —...
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House prices off peak levels in every urban market but Vancouver, Toronto

CBC News Posted: May 13, 2015 3:10 PM ET| Last Updated: May 13, 2015 4:08 PM ET House prices are down from their peak levels in almost every city in Canada but Toronto and Vancouver, according to the latest Teranet national composite house price index.  Data for April shows the...
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Royal LePage, CREA say Ottawa residential real estate market flat

OBJ Staff Published on April 15, 2015 The Ottawa residential real estate market was flat in the first quarter of 2015, according to the Royal LePage House Price Survey released Wednesday. The survey found only slight increases in the prices for standard two-storey homes, detached...
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