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October’s Resales Track a Traditional Cycle
Members of the Ottawa Real Estate Board sold 1,677 residential properties in October through the Board’s Multiple Listing Service® System, compared with 2,132 in October 2020, a decrease of 21 per cent. October’s sales included 1,263 in the residential-property class, down 24 per cent from a year ago, and 414 in the condominium-property category, a decrease of 14 per cent from October 2020. The five-year average for total unit sales in October is 1,605.
Ottawa REALTORS® Urge Municipal Leaders to Address Senior Housing Issues
The findings in newly released surveys of Ottawa residents and REALTORS® affirm the urgent need for municipal policies to address the increasing demand for a range of affordable and attainable housing options for the elderly residents of our City within the next five years. The Ottawa Real Estate Board (OREB) recently collaborated with the Ontario Real Estate Association (OREA) and Nanos Research to conduct this public research. In addition to views on the current housing market’s challenges, the surveys also sought to assess the necessity of creating additional housing options for seniors.
REALTORS Care® Foundation Grants
Every year, OREB Members raise funds for the Ontario REALTORS Care® Foundation to help shelter-related charities in the Ottawa area.
See a list of available courses for REALTORS® and other industry professionals.
Here’s a list of real estate website links that may be helpful throughout your real estate purchase.
Try our mortgage calculator and our land transfer tax calculator.