oreb: OTTAWA REAL ESTATE MARKET SEES NEAR-RECORD SALES NUMBERS IN MARCH - 04/05/17 04:19 PM
There is good news to report on several fronts in the numbers for the Ottawa Real Estate market in March, the Ottawa Real Estate Board has reported.
March of 2017 saw a near-record number of resale property sales and realtors saw a lot more multiple offers during the month, partly because of lower inventory, the Board says in a press release.
Members of the Board sold 1,485 properties in March of 2017, making it the second-best March on record in the Ottawa area.That’s up dramatically from the 1,160 properties sold in March of 2016, representing an increase of 28%. The sales were above the five-year … (0 comments)

oreb: Ottawa Real Estate Market sees strong sales in February 2017 - 03/04/17 06:55 AM
There is good news to report from Ottawa’s resale housing market in February.
Members of the Ottawa Real Estate Board sold 1,010 properties through the Multiple Listing Service in February of 2017. That’s up from 908 that were sold in February of last year, the Ottawa Real Estate Board has announced.
 
The higher number of units sold this year was particularly impressive given that February of 2016 had an extra day of sales possibilities because of leap year.  The sales numbers for February of 2017 were also above the five-year average for the month of February, which is 872.
 
Rick Eisert, President of the … (1 comments)

oreb: Ottawa resale Home Market off to a strong start for 2017 - 02/07/17 05:22 AM
Ottawa’s resale market enjoyed a strong start for the first month of 2017, with sales numbers more than 10 per cent above  the first month of 2016, the Ottawa Real Estate Board has announced.
Members of the Real Estate Board sold 667 properties in January of 2017 _ an increase of 11.5 per cent over the number of homes sold in  January of 2016 and also above the five-year average for January, which is 614,  the Real Estate Board reports.
“The year is off  to a great start,” Real Estate Board President Rick Eisert said in a statement.
The Board reports that residential-class (non-condo) … (0 comments)

oreb: Ottawa re-sale market sees its best October ever! - 11/04/16 05:17 AM
A 27 % increase in sales of condominium units helped the Ottawa real estate market see its best October on record for property re-sales, the Ottawa Real Estate Board has reported.
As a realtor who has helped customers buy and sell condo properties in central neighbourhoods for many years, dating back to long before the boom in condo construction over the past decade, I was delighted to see the surge in condo sales in the Ottawa market for the month of October.
The Ottawa Real Estate Board reports that its members sold 1,214 residential properties in October of 2016 through the Multiple … (0 comments)

oreb: Record-Breaking August part of Record-Breaking year for Ottawa Re-sales - 09/06/16 10:46 AM
The Ottawa re-sale real estate market saw spectacular record-breaking sales numbers in August, far outpacing the numbers we saw in August of 2015 and contributing to what’s been a record-breaking year for units sold in the Ottawa area. The Ottawa Real Estate Board announced the good news in a release on its website (www.oreb.ca).
The Board also reports that with the number of listings declining, buyers have fewer options and Ottawa has the potential of entering a seller’s market soon. If that trend continues, that could be good news for those who do have homes on the market or are considering selling … (0 comments)

oreb: Ottawa Real Estate Market Enjoys Record-Setting June for Re-Sales 2016 - 07/06/16 10:58 PM
The Ottawa Real Estate market enjoyed a spectacular month for re-sales, with June of 2016 setting a new record in properties sold, not just for June but for any single month, the Ottawa Real Estate Board has announced.
It’s not clear yet what led to the record numbers, but members of the Board sold 1,985 properties through the Multiple Listing Service system. That’s compared to the 1,691 properties that sold in June of 2015, representing an increase of 17.4 %.
It’s also well above the five-year average for the month of June, which is 1,717 properties, the Board says.
Those numbers are not just … (0 comments)

oreb: Ottawa Real Estate Sales above average in May, OREB Reports - 06/07/16 05:52 AM
 The Ottawa Real Estate Market enjoyed sales that were above average for the month, the Ottawa Real Estate Board has reported.
Members of the Board sold 1,921 residential properties in May through the Multiple Listing Service. The five-year average for May sales is 1,864. The number of properties sold in May was only five properties shy of the number sold in May of 2015, the Board says.
The number of units sold in May were up 207 over sales in April, and the numbers increased in both the residential and condominium property class, says Shane Silva, President of the Real Estate Board.
“As the … (0 comments)

oreb: First-time Homebuyer? Programs to boost down payment & reduce expenses - 05/29/16 07:37 AM
First-time Homebuyer? These programs can boost your down payment and reduce expenses 
 

 
In my more than 30 years as a realtor, I’ve always loved working with first-time homebuyers to help them achieve their dream of entering the real estate market, often after years of paying rent.
 
It’s wonderful to see my clients’ excitement when an offer is accepted and they know they finally have a place they can call their own.
 
If you are thinking of buying your  first property and you’re struggling to put aside the cash you’ll need, it’s good to know about several federal and provincial government programs … (0 comments)

oreb: Prices remain steady in March, Ottawa Real Estate Board Reports - 04/21/16 03:08 AM
The average sale price of homes and condos sold in the Ottawa-area in March both saw increases over prices from March of last year, the Ottawa Real Estate Board has reported.  The average sale price of a residential-class property sold in March in the Ottawa area was $394,951. That’s an increase of two per cent over the average in March of 2015. 
 The average sale price for a condominium-class property was $258,714, an increase of 2.4 per cent over the average in March 2015.  
 Although the overall numbers of homes and condos sold in March was down slightly from the numbers sold in March … (0 comments)

oreb: KELLER WILLIAMS….NANCY BENSON & ASSOCIATES RANKED #2 IN CANADA - 03/05/16 06:03 AM
It was a strong February for Ottawa’s housing market and an excellent January for my team at Nancy Benson and Associates, I’m happy to report.
The Ottawa Real Estate Board has just announced strong sales numbers for February, and Keller Williams Canada has just released rankings for its Canadian offices for the month of January.
Thanks to the valued support of my clients, Nancy Benson and Associates ranked second among all Keller Williams teams across Canada calculated by total number of properties sold in January 2016. So” I owe a big thank-you to the support of my dedicated clients and the dedication of … (0 comments)

oreb: Ottawa’s Real Estate sales down slightly in January 2016 - 02/05/16 02:47 AM
Ottawa’s Real Estate sales down slightly in January, but still close to average
 
Winter was delayed in arriving in the Ottawa area, but the cold temperatures finally landed in January of 2016 and cooled Ottawa sales slightly for the month, as is typical for the winter, when everyone wants  to stay warm and indoors.
In good news, however, the Ottawa Real Estate Board reports that sales for the month were not far below the five-year average for January sales in Ottawa.
Sales had been higher than usual in December of 2015, perhaps partly because that month saw warmer than usual temperatures for Ottawa. 

(0 comments)

oreb: A strong November for Ottawa Real Estate market! - 12/07/15 07:55 AM
Ottawa’s real estate market had good news on all fronts in November:  overall sales numbers were better than average for the month, condo sales continue to be strong (the total number of condos sold for 2015 has now surpassed the 2014 numbers) and the average sales price for all properties has remained steady, the Ottawa Real Estate Board has reported.
In a press release looking at sales numbers for November of 2015, the Board (www.oreb.ca) says its members sold a total of 990 residential properties in November through the Multiple Listing Service. While that’s down slightly from October sales (that’s typical as … (0 comments)

oreb: Ottawa Real Estate Market enjoys Best September Ever for Resales - 10/06/15 07:39 AM
There was great news in the sales numbers in Ottawa’s Real Estate market in September, the Ottawa Real Estate Board has reported.
In a press release detailing the sales figures for September of 2015, the Board reports that Ottawa had its best September on record for the number of units sold in the resale market.
 
As well, the board reports that inventory levels continued to decline in September, “bringing the Ottawa resale market into balanced territory,” said David Oikle, President of the Ottawa Real Estate Board.
 
That’s positive news for sellers. Ottawa inventory levels were unusually high for the past several months, meaning that … (0 comments)

oreb: Average home sale prices in July stable! Ottawa is a Buyer’s Market - 08/06/15 03:18 AM
Average sale prices stable as Ottawa Remains a Buyer’s Market, July Real Estate numbers show
Ottawa’s Real Estate scene has been a buyer’s market in recent months, and that continued to be the story in July, the Ottawa Real Estate Board has reported.
In the press release posted on its website (www.oreb.ca) looking at Ottawa Real Estate sales for July of 2015, the Board says sales for July were stable, with no major fluctuations in average price or units sold.
The average sale price of a residential-class property sold in the Ottawa area in July was $394,889.
The Board also reports that “inventory levels remain … (0 comments)

oreb: Ottawa’s June housing sales up from last year, OREB reports - 07/09/15 05:24 AM
 
Ottawa’s housing sales for June of 2015 were up slightly over the same month last year and were also slightly above the five-year average for June, the Ottawa Real Estate Board has reported.
 
In a press release on the board’s website (www.oreb.ca), the board also reported that sales in the Ottawa market for the first half of 2015 are up 4.9 per cent over the numbers in the first half of 2014. Properties that sold in June had been on the market for an average of 74 days, the board reports.
 
In June, members of the board sold a total of 1,694 properties … (0 comments)

oreb: Ottawa real estate market has best May sales since 2009 - 06/05/15 01:18 AM
There is good news in the sales numbers for Ottawa’s real estate market for May.
 
 
 
According to a press release posted by the Ottawa Real Estate Board, (www.oreb.ca) the Ottawa market in May of 2015 had the best results for unit sales for the month of May since 2009.  
The Board reports that its members sold 1,926 residential properties through the Multiple Listing Service system. That’s up from 1,789 properties in May of 2014, representing an increase of 7.7 per cent.  It’s also above the five-year average for May sales, which is 1,812. The numbers for May were up more than 350 … (0 comments)

oreb: Good news from Ottawa’s Real Estate market in March - 04/10/15 03:30 AM
   The sales figures are in from Ottawa’s housing market in March, and there was good news on several fronts. Sales were up more than 40 per cent over February, and they were also up over March of 2014. As well, properties are starting to sell faster as we enter the second quarter of 2015: The average cumulative days on the market came in at 83 for March, compared with 99 in February and 119 days in January. “Indications of a fast-approaching spring market were noted in February, and these numbers are proof that Ottawa is indeed experiencing an upswing in sales,” says David Oikle, … (0 comments)

oreb: Ottawa property sales up slightly in November - 12/04/14 09:04 AM
Residential property sales in Ottawa were up slightly in November and average sale prices are keeping steady with last year’s numbers, the Ottawa Real Estate Board has announced.   A news release posted on the board’s website (www.oreb.ca) says members of the Ottawa Real Estate Board sold 893 residential properties in November of 2014. That’s up from 888 in November of 2013, representing an increase of 0.6 per cent. The board says the five-year average for November sales is 935.   Ottawa Real Estate Board President Randy Oickle says that so far in 2014, members of the board have sold 13,291 … (0 comments)

 
Nancy Benson, Award Winning Agent | Buy |Unique Homes| Sell (RE/MAX Hallmark Realty Group, Brokerage)

Nancy Benson

Award Winning Agent | Buy |Unique Homes| Sell

Ottawa, ON

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RE/MAX Hallmark Realty Group, Brokerage

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