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 18, 2024 | News
Engel & Völkers recently released its 2024 Mid-Year Luxury Real Estate Market Report, highlighting that luxury properties in Halifax, Ottawa, Toronto and Vancouver are outperforming market trends in the $1 million-plus market segment. The report addresses...
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...
