Category: Real estate statistics

Ottawa Real Estate Market Update April 2023

The April 2023 Ottawa Real Estate Stats are out! Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months stock, the average sale price has increased over the past four months and we are seeing multiple offers again in some areas.

Ottawa Real Estate Market Update March 2023

The March 2023 Ottawa Real Estate Stats are out! Market Snapshot: The number of property sales may be down 40% from those in March of 2022 however, they’ve increased by 40% over last month (February 2023) showing signs that the spring market is sprouting in Ottawa. If you’re preparing to list your property for sale pricing it right is crucial in this market.

Top paint colours of 2023

Top paint colours of 2023

North America’s top paint companies have once again released their colour choices of the year; hues that will define interior design, décor and marketing trends for 2023. Here are the 2023 colours of the year from some of the most influential paint brands

Buyers spring back: Sidelined Canadians plan return to market

Buyers return to market

With the Bank of Canada placing a hold on the overnight lending rate for the first time since March of 2022, many homebuyers intend to resume their purchasing plans once again. Of those who say they postponed their plans, 62% now intend to return to the market.

Ottawa Real Estate Market Update February 2023

The February 2023 Ottawa Real Estate Stats are out! Market Snapshot: The average days on market for a listing has decreased as the market continues to stabilize. A decrease in average sale price from February of 2022 which was the peak of the pandemic market however we did see a month over month increase of 5% over January of 2023.