OTTAWA REAL ESTATE BLOG
CityNews: Ottawa housing market sees slight rise in average home prices year-over-year
CityNews: Ottawa housing market sees slight rise in average home prices year-over-year - According to the Royal LePage House Price Survey released October 13, the aggregate price of a home in Ottawa increased 2.7 per cent year-over-year to $744,500 in the third quarter of 2022. Although the housing market has slowed over the past few […]
Beyond the Sign: Inheriting property the smart way
Beyond the Sign: Inheriting property the smart way - It can be difficult to know what to do with an inherited property. Whether you choose to keep it or sell it is often a complicated emotional and financial decision. Jason Ralph, Broker of Record for Royal LePage Team Realty, gives some valuable advice about dealing with […]
Is a Condominium Right for You?
Is a Condominium Right for You? Sometimes, the maintenance requirements of a detached home can seem like a lot. After all, taking care of a whole property requires frequent attention, dedicated time, and effort. On the other hand, an apartment can seem cramped or urbanized for your liking. Have you considered a condominium? […]
Basement Renovation Ideas
Basement Renovation Ideas If you’re thinking about finishing your basement, it can be a great way to upgrade the functionality of your home while still getting a decent return on investment down the road. In this blog, we’ll cover a few creative directions that can take your basement to the next level as a […]
Ottawa – The Best From West to East
Ottawa - The Best From West to East Ottawa is a vastly diverse cultural landscape with much to do and plenty to see. In this blog, we’ll highlight some of our favourite spots in each end of the city. Whether you’re looking for a place to settle down, or simply an afternoon adventure, you’re […]
New Home Tips for a Growing Family
New Home Tips for a Growing Family As a growing family, you’re likely going to find yourself looking for a new home. This can lead to a lot of questions about what, where and why. In this blog, we summarize some important factors that should be considered when choosing a family home. What […]
Beyond the Sign: How Realtors Determine List Prices
Beyond the Sign: How Realtors Determine List Prices. - There are a number of factors that go into the successful marketing and sale of a home. Even before the ‘For Sale’ sign goes up, the professional REALTORS® at Royal LePage Team Realty are working hard to make sure that all of the elements are in place. […]
Moving with Pets
Moving with Pets Moving can be an incredibly exciting experience. A new home, surrounded by new people and maybe even a new neighbourhood to explore. On the flipside, it can also be quite stressful. There are strict deadlines that have to be met, and many parties who require clear and frequent communication. Luckily, our […]
Understanding The Fall Real Estate Market
Understanding The Fall Real Estate Market It’s no secret, the seasons play a big role in the real estate market. As fall comes around, you may feel as if you’ve missed out on the prime of the real estate market. Although spring is typically the busiest time in real estate, the fall market […]
Bring Your Gardening Hobby Indoors
Bring Your Gardening Hobby Indoors Just because the weather is getting cooler doesn’t mean your gardening hobby has to take a back seat. Luckily, there are many approaches you can take with a variety of different styles to make your indoor garden just as fabulous as outdoors. In this article, we’ll list some tips, […]
Fall Maintenance Checklist
Fall Maintenance Checklist It’s September, and fall is in full swing. As the seasons change, the national capital region will put a wide variety of colours on full display for us to enjoy. But while the leaves are beautiful, they can provide their own set of tasks to deal with. Your property will need […]
5 Tricks for a Smooth Move with the Kids
5 Tricks for a Smooth Move with the Kids Moving can seem like a daunting task. There are so many things to think about, plan and organize with many strict deadlines that need to be met. Not to mention the added stress of having to do it all with the kids in tow. But […]
4 Tips for the Coziest Autumn Patio
4 Tips for the Coziest Autumn Patio As the weather cools, you’re still going to want to make the most of your outdoor spaces. Luckily, you still have a lot of time left to enjoy them before the snow falls. In this blog, we’ll discuss some common patio trends that will help you make […]
5 Things You Need to Know About Buying Commercial property
5 Things You Need to Know About Buying Commercial property. The first thing you need to decide when first considering investing in commercial real estate will be the type of property that best suits your needs. Each has its pros and cons and will need different expertise. It’s important to note that residential mortgages are […]
Low Maintenance Curb Appeal
Low Maintenance Curb Appeal. We all want our yards to look great, but nobody wants to spend their weekends doing yard work. If you’re looking for a low-maintenance property, there are a few things you can do to make your life easier. Low Maintenance Gardening Choose easy-care plants that don't require a lot of watering […]
Beyond the Sign: The current market shift
After an intense few years, the local real estate market is showing a very slight shift towards calmer waters. Jason Ralph, Broker of Record and President of Royal LePage Team Realty, explains, “The market was so overheated that even a small shift seems drastic, even though it isn’t going back to pre-2020 levels. We are starting […]
Ottawa Real Estate Market Snapshot April 2022
The April 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With supply remaining under one month we continue to be in a seller’s market. Prices are continuing to climb but at a slower, more moderate pace than what we saw earlier in the pandemic. If you're considering a move […]
Ottawa Real Estate Market Snapshot March 2022
The March 2022 Ottawa Real Estate Board Stats are out! Ottawa Real Estate Market Snapshot March 2022: March made for a busy month in comparison to February, however the number of sales were down from March of 2021. No more restrictions may have pushed attention elsewhere but as the weather continues to […]
Ottawa Real Estate Market Snapshot February 2022
The February 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: It looks like Spring may come early in Ottawa with an increase of 52% more transactions in February than in January. The rise in activity could be due to the announcement of upcoming interest rate increases pushing buyers to get into the […]
Ottawa Real Estate Market Snapshot January 2022
The January 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers. If you're considering a move we're here to help answer any […]
Ottawa Real Estate Market Snapshot December 2021
The December 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: A typical December resale market but, with Ottawa’s inventory shortage the pressure continues to increase sale prices. The Seller’s market held strong as December had less than one month’s supply of residential homes and condominiums. If you're considering a move we're here to […]
Ottawa Real Estate Market Snapshot November 2021
The November 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of transactions were down from November of last year however, unit sales were up 14% from November of 2019 (pre-pandemic). Meanwhile the average sale price escalations we’ve seen have lightly tapered off. If you're considering a move we're here to help […]
Ottawa Real Estate Market Snapshot October 2021
The October 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: It was a common fall October market but if you’re looking to find a balanced market, Ottawa is not the place. With a one-month supply for residential properties the pressure continues to increase prices. If you're considering a move we're here to […]
Ottawa and Real Estate Market Snapshot August 2021
The August 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The August resale market was a typical one during the summer months in Ottawa. Notably, the number of sales for the month was on par with past pre-pandemic figures in August of 2017 and 2018. If you're considering a move we're here to […]
Ottawa and Real Estate Market Snapshot July 2021
The July 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The slow down in the Ottawa resale market is typical for July as Buyers and Sellers turn their attention to their vacations and other outdoor recreational activities. We are seeing housing stock increase and prices begin to stabilize which may indicate that Ottawa’s […]
Ottawa Area Real Estate Market Snapshot June 2021
Ottawa Area Real Estate Market Snapshot June 2021 The June 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The first half of June saw an increase in traffic to our website, but the last two weeks showed a slow down compared to May. This is typical for the time of year as […]
Ottawa Area Real Estate Market Snapshot May 2021
The May 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The lockdown of May 2021 was quite different than the one that happened in May 2020. For example, there many increases in the listings numbers across the Ottawa Real Estate Market. With double the number of listings as sellers take advantage of […]
Ottawa and Real Estate Market Snapshot April 2021
The April 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you're considering a move we're here to help answer […]
Ottawa and Real Estate Market Snapshot March 2021
The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you're considering a move […]
Ottawa and Real Estate Market Snapshot February 2021
The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days […]