July’s Resale Market Stabilizess
OTTAWA, August 5, 2021 – Members of the Ottawa Real Estate Board sold 1,724 residential properties in July through the Board’s Multiple Listing Service® System, compared with 2,183 in July 2020, a decrease of 21 per cent. July’s sales included 1,312 in the residential-property class, down 20 per cent from a year ago, and 412 in the condominium-property category, a decrease of 24 per cent from July 2020. The five-year average for total unit sales in July is 1,775.
June’s Residential Resale Market begins to Normalize
OTTAWA, July 6, 2021 – Members of the Ottawa Real Estate Board sold 2,131 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,038 in June 2020, an increase of 5 per cent. June’s sales included 1,647 in the residential-property class, up 2 per cent from a year ago, and 484 in the condominium-property category, an increase of 13 per cent from June 2020. The five-year average for total unit sales in June is 2,098.
Residential Resale Market: A Tale of Two May Lockdowns
OTTAWA, June 3, 2021 – Members of the Ottawa Real Estate Board sold 2,296 residential properties in May through the Board’s Multiple Listing Service® System, compared with 1,342 in May 2020, an increase of 71 per cent. May’s sales included 1,779 in the residential-property class, up 67 per cent from a year ago, and 517 in the condominium-property category, an increase of 85 per cent from May 2020. The five-year average for total unit sales in May is 2,123.
Finding the right realtor to sell our house was not a simple task. Only after lengthy research did we settle on Dan Moloughney. Dan’s professional, businesslike, yet imaginative approach to the task was exactly what we were looking for. We engaged him and were not disappointed. From the initial paperwork involved, to the preparation of the house, to the ultimate sale, all decisions were made in a collaborative way. Every evening during the seven-day showing period we received an update on that day’s activity and bookings for the following day. Should we ever have need for a realtor again, we would have no hesitation in signing on with Ottawa Urban Realty. We highly recommend Dan Moloughney.
Terry and Peggy West
This is the fourth house that Dan has helped us sell or buy. As always he is the perfect agent with knowledgeable, helpful, honest, and timely advice. He helps you through the whole process and presents all the options that you have in selling or buying. Very patient, with a gentle sense of humour and practical ideas. This time was a very sensitive family matter and he was a stable rock in a tornado of emotional storms. We were so pleased with our over-priced offer. Highly recommended. Sally
