by REM Editorial Team | Oct 16, 2024 | Boards & Associations, News
The Canada Mortgage and Housing Corporation (CMHC) recently reported that Ottawa’s “population-adjusted construction is at its lowest level in nearly 10 years.” A City of Ottawa progress report shows that Ottawa is only at 22 per cent of its annual housing target at...
by REM Editorial Team | Sep 13, 2024 | Boards & Associations, News
The Ottawa real estate market saw increased activity in August, with 1,100 homes sold, the Ottawa Real Estate Board (OREB) reports. This marks a 10.2 per cent rise compared to August 2023, though sales remained below both the five-year (-11.4 per cent) and 10-year...
by REM Editorial Team | Aug 20, 2024 | Boards & Associations, News
In July, Ottawa’s housing market saw a significant uptick in activity, with 1,241 homes sold through the MLS system, the Ottawa Real Estate Board (OREB) reports. This marks a 13.6 per cent increase from July 2023, signaling a strong month for sales. However, despite...
by REM Editorial Team | Jul 15, 2024 | Boards & Associations, News
Ottawa saw 1,439 homes sold last month, which was 0.1 per cent more than the same time last year and 7.5 per cent below the five-year average for June, according to the Ottawa Real Estate Board (OREB). Year-to-date, home sales totaled 7,109 units for the first half of...
by REM Editorial Team | Jun 26, 2024 | Boards & Associations, News
On June 24, an announcement about exploring regional integration was shared with the members of the Kingston and Area Real Estate Association (KAREA), Ottawa Real Estate Board (OREB), Renfrew County Real Estate Board (RCREB) and Rideau-St. Lawrence Real Estate Board...
