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January 2020 Commentary and Stats

Big Jump in Ottawa Real Estate Sale Prices in January 2020

The number of homes sold in January 2020 (780) were slightly less than January 2019 (817) — about 4.5% less. That being said, we were still slightly over the moving 5-year average of 713. See video and additional commentary and statistics below.

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Mid-January 2020 Ottawa Real Estate Update

It’s getting colder, but Ottawa Real Estate is heating up!

In the video and blog below, Dan gives his perspective on current happenings in Ottawa Real Estate. There is still a historic low inventory of house listings. The few new listings are often sold over asking price with multiple offers.

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Utilities Transfer Information

Ok, so you’re just about to close on your home purchase or sale, what do you do for the utilities? Does it just magically get setup for you? Maybe, or maybe not ;^)

Property tax bills should be moved to the new owner, generally done by the city or your lawyer on closing.

Here’s additional information:

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