February 2023 Stats
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Resale Market’s Adjustment and Correction Continues - October Statistics
OTTAWA, November 3, 2022 - Members of the Ottawa Real Estate Board sold 987 residential properties in October through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,670 in October 2021, a decrease of 41%. October’s sales included 758 in the residential-property class, down 40% from a year ago, and 229 in the condominium-property category, a decrease of 44% from October 2021. The five-year average for total unit sales in October is 1,554. - OREB
See full report below.
See full report below.
| newsreleaseoct_2022.pdf |
Here are the August stats for Ottawa's resale market for both 'residential' class and 'condo' class.Year-to-date resales are at 14,728 and are 24% higher than this period in 2020, which clearly indicates we are in the midst of another strong year in the Ottawa market
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REMAX 2021 Housing Market outlook!
June 2019 News Release - Condos dominate.
| newsreleasejune_2019.pdf |
2019 Housing Market Outlook
Ottawa Housing Statistics Year to Date, 2018.
December Ottawa Housing Statistics 2018.
November Ottawa Housing Statistics 2018.
October Ottawa Housing Statistics 2018.
September Ottawa Housing Statistics 2018.
The First Six Months of the Ottawa Housing Market 2017 vs 2018
December 2017 Year-to-Date Sales over 2016.
Land Transfer Tax Refund - update.
Some changes have been made to the amounts available for first time home buyers. See the changes here at this link.
Highlights are as follows:
"How much money could I receive?
For conveyances or dispositions that occur before January 1, 2017, the maximum amount of the refund is $2,000.
Beginning January 1, 2017, the maximum amount of the refund is $4,000. The increased limit of $4,000 applies only to conveyances or dispositions that occur on or after January 1, 2017, regardless of the date the agreement of purchase and sale was signed.
Beginning January 1, 2017, no land transfer tax would be payable by qualifying first‑time purchasers on the first $368,000 of the value of the consideration for eligible homes. First‑time purchasers of homes greater than $368,000 would receive a maximum refund of $4,000."
FULL DETAILS HERE.
Highlights are as follows:
"How much money could I receive?
For conveyances or dispositions that occur before January 1, 2017, the maximum amount of the refund is $2,000.
Beginning January 1, 2017, the maximum amount of the refund is $4,000. The increased limit of $4,000 applies only to conveyances or dispositions that occur on or after January 1, 2017, regardless of the date the agreement of purchase and sale was signed.
Beginning January 1, 2017, no land transfer tax would be payable by qualifying first‑time purchasers on the first $368,000 of the value of the consideration for eligible homes. First‑time purchasers of homes greater than $368,000 would receive a maximum refund of $4,000."
FULL DETAILS HERE.
October Housing Stats.
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See the Ottawa sales that happened in each category from the month of October. Stats from the Ottawa Real Estate Board.
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Mortgage News.
A lot of what you need to know about mortages right here (your broker will give you the rest, don't forget to consult them) from the Financial Consumer Agency of Canada.
http://www.fcac-acfc.gc.ca/Eng/forConsumers/topics/mortgages/Pages/home-accueil.aspx
http://www.fcac-acfc.gc.ca/Eng/forConsumers/topics/mortgages/Pages/home-accueil.aspx
RE/MAX Fast Facts - Sept. 2016 |
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