Dan tells you very quickly what’s going on in the Ottawa Real Estate Market in February 2020, your 1 minute Ottawa real estate update:
Dan chats with Aaron S. about how to buy investment properties in the Ottawa area and being a landlord (even if you’re self-employed)!
This post just includes the actual Rogers TV video for the interview
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.
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.
Weather isn’t Cooling the Resale Market
Ottawa Real Estate Statistics for November 2019 – Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9 per cent. November’s sales included 958 in the residential-property class, up 10.5 per cent from a year ago, and 330 in the condominium-property category, an increase of 12.2 per cent from November 2018. The five-year average for November unit sales is 1,133.