Ottawa’s resale market may have normalized during the holidays, however as a whole, 2021 was a record-breaking year in real estate. The total sales value in 2021 was approximately $13.1B compared to $10B in 2020. Real estate experts forecast January through...
Ottawa’s November resale transactions may have been down compared to a year ago, but in reality, Ottawa’s real estate market remains strong this month. November’s unit sales tracked 14% higher than 2019 and we also see an 8% increase in year-to-date...
October’s resale market in Ottawa was a little more normal than it has been lately. The recent decline of 21% reflects the typical fall season during the pre-pandemic days. At MacDonald Property Group we realize that these market conditions are very challenging...
Could Ottawa’s real estate market be cooling down? According to June’s 2021 residential resale market, home sales were up only 2% compared to a year ago and there was a lower volume of activity compared to last month (May). For details on June’s...
Another month of low resale inventory has pushed home prices to new record levels. The strong year-over-year trend that we have been experiencing in the Ottawa area market the past 18-months doesn’t seem to be letting up anytime soon. For details on...
